Gold (XAUUSD) Consolidates as Bond Yields Rise and US Dollar Hits Resistance

Gold (XAU) prices consolidate in tight ranges after the release of a softer-than-expected US inflation report. The inflation data shows mixed signals. The headline CPI for April rose 0.2% month-on-month, below the forecast of 0.3% but highe https://www.fxempire.com/forecasts/article/gold-xauusd-consolidates-as-bond-yields-rise-and-us-dollar-hits-resistance-1518833