Gold futures stock traded around $2

Gold futures stock traded around $2,343 per ounce today, edging higher amid investor caution over U.S. inflation data. Analysts note that technical charts show resistance near $2,350, with potential breakout scenarios if core CPI runs cooler than expected. Market participants are pricing in weaker Fed rate hike odds. The government shutdown, rather than signaling newfound uncertainty for investors, appears to be viewed as a continuation of the year's policy-related volatility, which ultimately resolved itself positively for investors. Stablecoins are digital currencies seeking to maintain a consistent value. Learn how they achieve that stability, how they’re used, and what risks stablecoin investors face. Gold futures stock correlation with equities has weakened, now showing a -0.15 coefficient over the past 30 trading days. This makes gold more appealing as a diversification tool in multi-asset portfolios.