New York, 14 July 2026 – Gold prices stabilised after softer United States inflation data reduced expectations of an imminent interest-rate increase, easing pressure on the precious metal after a volatile stretch driven by oil-price shocks, dollar strength and shifting monetary-policy expectations.
The latest US inflation reading showed price pressures moderating more than expected in June, giving investors reason to believe the Federal Reserve may have greater room to hold rates steady at its next policy meeting. Headline consumer inflation slowed to 3.5% year-on-year, while core inflation, which excludes food and energy, remained at 2.6%.
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