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- RhodiumMar 28, 202417:004,350.005,150.004,350.005,150.0025.000.58%
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17.58279.03280.42500.0561Gold And Silver Prices, News and Quotes
U.S. Core PCE rises 0.3% in February, in line with expectations
Kitco News | Mar 29
(Kitco News) - Gold investors, with nothing else to do, can at least breathe a sigh of relief as inflation pressures rise in line with expectations.Friday, The U.S. Department of Commerce said its core Personal Consumption Expenditures price index increased 0.3% last month. The data rose in line with economist expectations.However, as a sign that inflation pressures aren’t going away, the report also noted an upward revision for January, with core inflation rising by 0.5%.
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