Gold’s Brief Rally May Be Short-Lived | Durham News

Gold edged up Friday after inflation data cooled and the dollar dipped, but don’t celebrate yet—this may just be a brief pause in gold’s fourth straight week of losses. The real drag? Rising rates and inflation fears, which hurt non-interest-paying assets like gold. Big banks are lowering gold price targets, signaling skepticism. For gold to truly rebound, we need inflation to ease and the job market to soften—otherwise, these rallies could quickly fade. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a172648b7fd6cbd6