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MAY Inflation Report

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Gold Rally Hopes Face a Fed Reality Check as Inflation Stays Above Target
FORECASTSJUL 10, 2026
Gold Rally Hopes Face a Fed Reality Check as Inflation Stays Above Target
Gold remains caught between its long-term inflation-hedge reputation and its short-term sensitivity to interest-rate expectations. With inflation indicators still above the Federal Reserve’s target, traders are weighing whether any softer CPI reading can create more than a temporary lift.
GOLDFEDERAL-RESERVEUS-DOLLAR-INDEX