[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  XAUUSD (Gold) - Traders [@TradersXauusd](/creator/twitter/TradersXauusd) on x 49.6K followers Created: 2025-07-16 04:07:44 UTC Gold prices suffered a sharp decline as the US dollar surged significantly following the release of the US CPI report. Bednarik noted that the US June Consumer Price Index (CPI) matched expectations but was higher than the previous reading. Following the release of the June CPI, the US dollar surged. Gold prices came under pressure at new weekly lows and key Fibonacci support levels. Gold closed down sharply on Tuesday, falling XXXXX dollars, or 0.56%, to XXXXXXXX dollars per ounce. Data released by the U.S. on Tuesday showed that the U.S. June CPI rose XXX% year-on-year, in line with expectations but higher than the XXX% in May. The U.S. CPI rose XXX% month-on-month in June, in line with market expectations but higher than the previous month's XXX% increase, marking the largest increase since January this year. Additionally, the U.S. core CPI rose XXX% year-on-year in June, higher than May's XXX% increase, while the core CPI rose XXX% month-on-month in June. The dollar appreciated by 0.6%, making gold priced in dollars relatively expensive for holders of other currencies. The market generally believes that U.S. President Trump's tariff policies have increased price pressures, prompting the Federal Reserve to hold off on action and wait for the subsequent impact. Federal Reserve Chairman Jerome Powell previously stated that he expects prices to rise during the summer. Federal funds futures trading indicates an estimated rate cut of XX basis points by year-end, down from XX basis points prior to the inflation data release, with the market still expecting the first rate cut to begin in September. Investors are awaiting the U.S. Producer Price Index (PPI) to be released on Wednesday for further clues on the Fed's direction. Since gold does not generate interest, it typically performs well in a low-interest-rate environment. #XAUUSD #PPI XXXXX engagements  **Related Topics** [inflation](/topic/inflation) [money](/topic/money) [united states dollar](/topic/united-states-dollar) [$6753t](/topic/$6753t) [xauusd](/topic/xauusd) [Post Link](https://x.com/TradersXauusd/status/1945334512071925970)
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XAUUSD (Gold) - Traders @TradersXauusd on x 49.6K followers
Created: 2025-07-16 04:07:44 UTC
Gold prices suffered a sharp decline as the US dollar surged significantly following the release of the US CPI report. Bednarik noted that the US June Consumer Price Index (CPI) matched expectations but was higher than the previous reading. Following the release of the June CPI, the US dollar surged. Gold prices came under pressure at new weekly lows and key Fibonacci support levels.
Gold closed down sharply on Tuesday, falling XXXXX dollars, or 0.56%, to XXXXXXXX dollars per ounce.
Data released by the U.S. on Tuesday showed that the U.S. June CPI rose XXX% year-on-year, in line with expectations but higher than the XXX% in May. The U.S. CPI rose XXX% month-on-month in June, in line with market expectations but higher than the previous month's XXX% increase, marking the largest increase since January this year. Additionally, the U.S. core CPI rose XXX% year-on-year in June, higher than May's XXX% increase, while the core CPI rose XXX% month-on-month in June.
The dollar appreciated by 0.6%, making gold priced in dollars relatively expensive for holders of other currencies. The market generally believes that U.S. President Trump's tariff policies have increased price pressures, prompting the Federal Reserve to hold off on action and wait for the subsequent impact. Federal Reserve Chairman Jerome Powell previously stated that he expects prices to rise during the summer.
Federal funds futures trading indicates an estimated rate cut of XX basis points by year-end, down from XX basis points prior to the inflation data release, with the market still expecting the first rate cut to begin in September. Investors are awaiting the U.S. Producer Price Index (PPI) to be released on Wednesday for further clues on the Fed's direction.
Since gold does not generate interest, it typically performs well in a low-interest-rate environment. #XAUUSD #PPI
XXXXX engagements
Related Topics inflation money united states dollar $6753t xauusd