Macro
How US Inflation Data Can Move Gold Prices
CPI and PCE still reprice real-rate expectations. Here is how that transmission typically reaches XAU/USD.
Inflation prints move Gold because they change the market’s view of real rates and the Federal Reserve’s next step, not because the number itself is a trading signal.
A hotter print that lifts the dollar and yields often caps Gold. A cooler print that eases rate-path pricing can do the opposite. The first spike is frequently liquidity. The useful information is whether the move holds after the first 15 to 30 minutes.
Treat the data as a catalyst. Trade the acceptance in Gold, not the print.