Gold Slips to Over One-Month Low Amid U.S. Inflation Anticipation and Easing China Tensions

Gold prices fell to their lowest levels in more than a month on Thursday, pressured by investor caution ahead of a crucial U.S. inflation report that could influence the Federal Reserve’s interest rate strategy. The metal’s appeal was further dampened by improving trade relations between the United States and China, which reduced safe-haven demand. Market participants are closely watching upcoming economic data for signals on how long the Fed may hold rates steady, with lower inflation potentially paving the way for rate cuts that could support bullion in the future.