Someone getting fired for forgetting to cook the data. https://t.co/kL4Co6W9Su
— TT3 (@TradingThomas3) January 30, 2026
(Kitco New) – Gold continues to see significant selling pressure and could face further headwinds as inflation in the U.S. remains persistent, with producer prices rising more than expected last month.
The headline Producer Price Index (PPI) rose 0.5% in December, following November’s 0.2% increase, the U.S. Labor Department announced Friday. The latest inflation data came in hotter than expectations, as economists had forecast a 0.2% rise.
Over the past 12 months, headline wholesale inflation increased 3.0%, the report said.
MORE:
https://www.kitco.com/news/article/2026-01-30/gold-faces-more-headwinds-us-inflation-threat-remains