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Commodity News

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(19 Dec 2025, 08:17)

Precious Metals Preview: Gold down half a percent in Asia

Gold saw some selling pressure amid tepid US inflation data yesterday. Russia says it is preparing for contact with the US ahead of renewed talks on a possible peace settlement to end the conflict in Ukraine. US and Russian officials are expected to meet in Miami this weekend. The yellow metal had zoomed near a six-week high following a 1% spike on Wednesday but flipped back as focus shifted to the US inflation data. A mild uptick in the US dollar index from two-month low also weighed on the yellow metal. It currently quotes down half a percent at $4343 per ounce.
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