Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Climbs Above Two-Month Peak on US Inflation Data

Guavy AI Editorial Team
Instruments
Gold
Share

Gold prices surged to their highest level in over two months on Wednesday after US inflation data matched market expectations. Spot gold rose by 0.9 percent to $4,406.64 per ounce at 17:30 GMT and surpassed the 100-day moving average of $4,387.22.

This marks a significant increase for gold, which had been trading below its 100-day average since June 5th. The sharp rise in prices was accompanied by increases in other metals, including silver, platinum, and palladium.

More on Commodities

Commodities 8m ago

Asian Currencies Face Renewed Pressure from Rising Oil Prices

Commodities 8m ago

Oil Prices Plummet as West Asian Supply Uncertainty Hits Demand Outlook

Commodities 8m ago

Hahn & Co Creates Asia's Largest LNG Carrier Operator

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy