{"id":1287,"date":"2026-08-13T16:12:35","date_gmt":"2026-08-13T16:12:35","guid":{"rendered":"https:\/\/goontrading.com\/en\/spot-gold-at-4387-oz-after-july-ppi-posts-flat-0-0-core-ppi-up-0-2\/"},"modified":"2026-08-13T16:12:35","modified_gmt":"2026-08-13T16:12:35","slug":"spot-gold-at-4387-oz-after-july-ppi-posts-flat-0-0-core-ppi-up-0-2","status":"publish","type":"post","link":"https:\/\/goontrading.com\/en\/spot-gold-at-4387-oz-after-july-ppi-posts-flat-0-0-core-ppi-up-0-2\/","title":{"rendered":"Spot gold at $4,387\/oz after July PPI posts flat 0.0%, core PPI up 0.2%"},"content":{"rendered":"

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(Kitco News) – The\u00a0gold market is holding steady after the latest data shows U.S. producers saw\u00a0easing\u00a0price pressures on balance last month.<\/p>\n

The headline Producer Price Index (PPI) posted a flat 0.0% in July, following June\u2019s unrevised -0.3% drop, the U.S. Labor Department announced on Thursday. The latest headline data was lower than expectations, as economists looked for a 0.2% increase.<\/p>\n

In the last 12 months, headline wholesale inflation increased 4.7%, the report said, below the consensus for 4.9% and June\u2019s unrevised 5.5% reading.\u00a0<\/p>\n

Core PPI, which strips out volatile food and energy costs, rose 0.2% in July, below economists\u2019 0.3% consensus forecast and following June\u2019s upwardly revised 0.4% reading. Annual core PPI rose 4.2%, in line with the consensus expectation and below June\u2019s unrevised 4.7% print.<\/p>\n

Gold prices saw little reaction immediately after the 8:30 am ET data release.\u00a0Spot gold last traded at $4,387.56 for a loss of 0.47% on the day.<\/p>\n

\"article<\/span><\/span><\/p>\n

PPI is viewed as a leading inflation indicator as producers pass higher input costs on to their customers.<\/p>\n<\/div>\n

Kitco.com<\/p>\n","protected":false},"excerpt":{"rendered":"

\u26a1 Trade with Ultra-Low Spreads on IC Markets! \u2794 [Link] \ud83c\udf81 Get Your Exclusive XM Deposit Bonus Now! \u2794 [Link] \ud83d\udca1 Master the Markets with FXTM Copy Trading \u2794 [Link] (Kitco News) – The\u00a0gold market is holding steady after the latest data shows U.S. producers saw\u00a0easing\u00a0price pressures on balance last month. The headline Producer Price …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-1287","post","type-post","status-publish","format-standard","","category-gold-commodities-trade-news"],"_links":{"self":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/comments?post=1287"}],"version-history":[{"count":0,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1287\/revisions"}],"wp:attachment":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/media?parent=1287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/categories?post=1287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/tags?post=1287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}