Gold Hovers Near Record After CPI as Platinum Extends Rally
Yahoo Finance·2025-12-18 21:55
Gold traded near a record as investors assessed US inflation data that came in softer than expected. Platinum extended a breakneck rally that saw it surge close to 4,340 an ounce, paring earlier losses and just $40 away from an all-time high reached in October. The core US consumer prices index unexpectedly rose in November from a year earlier at the slowest pace since early 2021, supporting bets on the Federal Reserve’s appetite for further interest- ...