Gold prices softened on Tuesday as the U.S. dollar maintained its strength, with investors turning their attention to upcoming inflation data for clues about the Federal Reserve's next moves on interest rates.
The price of spot gold dipped by 0.2% to $4,164.45 per ounce by 0201 GMT, following a one-week high reached on Monday.
Market participants are closely watching the inflation figures, which could influence expectations for future rate adjustments by the Federal Reserve.
More on Forex
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.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
Navigate
© 2026 Guavy Inc
