Gold Tops $2,700 as Cooling Inflation Boosts Rate-Cut Hopes
Gold has risen to its highest level in a month, trading above $2,700 an ounce after U.S. core inflation data came in softer than many investors expected. The core consumer price index, which excludes volatile food and energy prices, increased by 0.2% in the latest report, down from four straight monthly gains of 0.3%. That … Read more