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Gold News: Gold Price Retreats as Hot CPI Strengthens Dollar and Yields

By FXEmpire May 12, 2026 Bearish
Gold News: Gold Price Retreats as Hot CPI Strengthens Dollar and Yields
Gold prices fell after hot CPI data and rising oil prices boosted Fed rate fears, while a stronger dollar added pressure to XAU/USD.
Tickers: AAAUBARDBPDGLGLDGLDMIAUOUNZSGOLUGL
Gold prices fell after hot CPI data and rising oil prices boosted Fed rate fears, while a stronger dollar added pressure to XAU/USD.