15 Aug 2025
Gold dives as US PPI surges, cutting into Fed dovish bets
XAU/USD down 0.60% to $3,334 after US PPI crushes forecasts.
Hot producer prices revive inflation concerns despite White House push for lower rates.
US Jobless Claims beat expectations, reinforcing view of a resilient labor market.
Traders price in 25 bps September cut with slim odds of Fed holding rates steady.
Gold Price takes a hit and dives over 0.60% on Thursday following a red-hot factory gate inflation report in the United States (US), which prompted investors to price out the chances for a 50-basis-point rate cut at the Federal Reserve’s (Fed) upcoming meeting. The XAU/USD trades at $3,334 at the time of writing.
