Late night surge! The renminbi and A50 rose, and China concept stocks rose across the board, while gold and silver soared.

Tonight, the U.S. June CPI data was released, showing that inflation in the United States has cooled across the board.

Securities TimesJul 11 22:06

China's market lags behind! A great frenzy sweeps the global markets: just waiting for CPI to boost the mood, the moment for gold to break its position is approaching

On Thursday (July 11), global stock markets reached a historic high as traders awaited the upcoming release of the US CPI inflation data, which is expected to show a moderation in inflation, paving the way for the highly anticipated cycle of rate cuts by the Federal Reserve starting as early as September.

FX168Jul 11 18:16

Tracking Hong Kong stock concepts | The Fed does not need to wait for inflation to fall below 2% before lowering interest rates. Gold prices will have further drivers in the future. (Attached concept stocks)

Continuing to stay ahead of the expected rate cut by the Federal Reserve, industry insiders say that the adjustment in gold prices may provide a good buying opportunity.

Zhitong FinanceJul 11 08:52

Gold Price Resumes Uptrend, US CPI in Focus

Gold surges amid growing expectations of Fed rate cuts in September.

FXStreetJul 11 02:40

Europe is also hoarding gold! Will the central bank's gold buying spree not easily come to an end?

Gold is becoming increasingly popular in Central and Eastern Europe, and this European country plans to increase its gold reserves by about 10 times.

Golden10 DataJul 10 11:47

Gold Price Inches Higher as Powell Signals Patience

Gold prices rise above $2,360 after Powell’s Senate testimony indicates a cautious approach to rate cuts.

FXStreetJul 10 03:31