United States Consumer Price Index (MoM) meets expectations (0.2%) in July

Aug 12, 2025

Gold steadies near $3,350 as traders await US inflation data

Gold (XAU/USD) steadies on Tuesday after slipping to a one-week low on the previous day. At the time of writing, the precious metal is consolidating near $3,345 during European trading hours, with investors awaiting the release of the US inflation data at 12:30 GMT for fresh monetary policy cues.

United States Consumer Price Index (MoM) meets expectations (0.2%) in July

Gold steadies near $3,350 as traders await US inflation data

United States Consumer Price Index ex Food & Energy (MoM) meets expectations (0.3%) in July