Gold prices dipped on Friday, trimming this month’s advance, as Treasury yields and the dollar pushed higher after a key US inflation gauge reinforced bets that the Federal Reserve’s pace for rate cuts will be measured.
![Gold Trims Monthly Gain on Bets for Measured Pace of Rate Cuts](https://img.easybranches.com/uploads/news/2024/08/gold-trims-monthly-gain-on-bets-for-measured-pace-of-rate-cuts.jpg)
(Bloomberg) — Gold prices dipped on Friday, trimming this month’s advance, as Treasury yields and the dollar pushed higher after a key US inflation gauge reinforced bets that the Federal Reserve’s pace for rate cuts will be measured. Read More