Gold prices saw a slight increase on Thursday, influenced by a weakening dollar as investors closely watched the high-stakes meetings between U.S. President Trump and China’s Xi Jinping. Meanwhile, U.S. producer prices surged, signaling accelerating inflation, while gold discounts in India reached a record high amid weak demand.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend