Gold hits $2015, benefiting from a softer Dollar and higher US Treasury yields amid persistent inflation signs.
US PPI and Core PPI surpass forecasts, indicating ongoing inflation and complicating Fed's targets.
Hints of future rate cuts from Fed officials sway market outlook, enhancing gold's attractiveness as a hedge against policy ambiguity.
Gold price extended its gains for two straight days, hitting a three-day high at $2015 as the Greenback tumbled, despite US Treasury yields rising. US economic data suggests inflation is stickier than expected, though Federal Reserve’s officials opened the door to ease policy.
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