@secamcommunityminers: Gold traded above $4,000 per ounce on Thursday, rebounding from earlier losses as a weaker US dollar and lower Treasury yields provided support after the latest US PCE inflation report came in broadly in line with expectations. While inflation remains well above the Fed’s 2% target, the data eased concerns about a sharper-than-expected acceleration in price pressures. Meanwhile, oil prices continued to retreat and have now returned to levels seen before the outbreak of the Iran conflict, further alleviating inflation worries. As a result, traders pared back expectations for additional monetary tightening, with the probability of a Fed rate hike in September falling to 63% from 68% the previous day. Despite Thursday’s rebound, gold remains down roughly 5% year-to-date and nearly 20% below its January record high, reached before the escalation of the conflict involving Iran #goldbar #millionaire #millionairemindset #luxury #UK

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Thursday 25 June 2026 14:06:01 GMT