Gold drifts lower after Powell pushes back prospect of March rate cut
![Gold drifts lower after Powell pushes back prospect of March rate cut](https://image.cnbcfm.com/api/v1/image/107352527-1703827490421-gettyimages-1868370913-THAILAND_GOLD.jpeg?v=1706681941&w=1920&h=1080)
Gold prices are set to end the first month of 2024 in negative territory, snapping a three-month gaining streak on Wednesday.
Nick Leeson on LinkedIn: --PPI data renews hopes of rate cut-- Cooler than expected inflation data…
![](https://cdn.britannica.com/63/216563-138-44FF38CA/Light-assisted-solvothermal-chemistry-using-plasmonic-nanoparticles.jpg?w=400&h=225&c=crop)
Gold, Facts, Properties, & Uses
![](https://static.zawya.com/view/acePublic/alias/contentid/MzZjNDFkZDgtYzc1MS00/27/130924050239htir-jpg.jpeg?f=3%3A2)
Gold prices edge higher as weaker dollar lifts appeal
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/isZFMijDkrCk/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
Fed Meeting January 2024: Markets React as Powell Pushes Back on March Rate Cut - Bloomberg
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ib_MORrmWF_A/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
Powell's Favored Curve Calls Time on the Fed's Tightening Cycle - Bloomberg
![](https://image.cnbcfm.com/api/v1/image/107313405-1696826852371-gettyimages-1692366747-AA_27092023_1356133.jpeg?v=1706852645&w=884&h=442&vtcrop=y)
Precious Metals and Minerals Mining
News updates from December 1: S&P 500 closes at 20-month high and gold hits record despite rate cut pushback from Powell, Israel resumes fighting against Hamas
![](https://a.c-dn.net/b/4kgzk7/image3.png)
Gold Price Falters Ahead of Fed Powell Speech – XAU/USD Drifts Lower
Platinum
![](https://cloudfront-us-east-2.images.arcpublishing.com/reuters/FZ5J2O5R7FJMNOMRBUJIHXPO24.jpg)
Gold drifts lower after Powell pushes back prospect of March rate cut
![](https://static.zawya.com/view/acePublic/alias/contentid/MmYzMDgwN2ItODZjNi00/0/egypt-economy-gold.webp?f=1%3A1&q=0.75&w=3840)
Gold drifts lower after Powell pushes back prospect of March rate cut
![](https://editorial.fxstreet.com/miscelaneous/image-638421668892186567.png)
Market News HF Analysis
![](https://www.reuters.com/resizer/v2/https%3A%2F%2Fcloudfront-us-east-2.images.arcpublishing.com%2Freuters%2FSBSQ3P2HJNMYHBUAN7Y5QRFGV4.jpg?auth=c599de5e9dac532db7ac9e570640cc2c579fb25db6a6f9dc56fb93357bf8539b)
Inflation beginning to dent diesel demand, says Marathon