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U.S. consumer prices increased less than expected in April, which supported bullion
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Decline in inflation indicators could bode well for the precious metal
Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel
Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel
Surge in demand deposits fuels Saudi Arabia's money supply growth
Hotter-than-expected U.S. inflation data could potentially drive gold prices down
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
China's central bank marked its 18th consecutive month of gold purchases in April
Gold prices have established a support base around the $2,280 mark over the past week
Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel
Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September
Powell's assurance that further rate hikes were off the table will help bullion
Investor sentiment remains cautious ahead of the interest rate decision by the U.S. Federal Reserve
Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Central bank buying and geopolitical tensions drive gold's rally near record-high
Investors await consumer price index data from U.S. and China later this week
The rise in prices is fueled by geopolitical tension and supply concerns
In 2023, Saudi Arabia led the UN tourism list for the growth rate of international tourists compared to 2019
Globally, spot gold remained stable at $2,195.34 per ounce
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
