Gold surged and then retreated on the day the U.S. CPI inflation data was released, briefly approaching the historical high set in October

Wallstreetcn
2025.12.18 21:46

On Thursday (December 18), at the New York close, spot gold fell 0.16% to $4,331.50 per ounce. After the release of the U.S. CPI inflation report at 21:30 Beijing time, it rebounded briefly. After the U.S. stock market opened, it refreshed the daily low to $4,308.92 at 22:46, then rebounded to $4,374.65 at 00:20, refreshing the daily high—approaching the historical highest point of $4,381.52 set on October 20, before quickly giving back this wave of gains. COMEX gold futures fell 0.25% to $4,362.80 per ounce, and also reached $4,409.50 at 00:20—also approaching the (intraday) historical highest point of $4,433.00 set on October 20

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