2026-01-13 14:27:12

The latest US December core CPI data has given gold prices a strong boost. The month-over-month increase was only 0.2%, and the annual rate was 2.6%, both below market expectations of 0.3% and 2.7%. This "better-than-expected slowdown" immediately triggered a chain reaction—signaling a continued easing of inflationary pressures, which has significantly boosted market enthusiasm for Fed rate cuts.

What followed? The US dollar came under pressure, and US Treasury yields softened. Traders are well aware of what these two changes mean for gold—when the dollar weakens and real yields decline, the appeal of non-yield assets like gold clearly rises. In contrast, the overall CPI data met expectations, leading to a subdued market response. The real driver of the gold market is this weak core CPI performance.

In the short term, the positive signals from this data release are enough to support further upward movement in gold prices. Market risk sentiment is improving, and a reallocation of funds into commodities is taking shape.

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SilentAlpha

· 01-15 01:12

Core CPI is so weak that expectations of Federal Reserve rate cuts are rising. No wonder gold prices aren't going up. Wait, can this wave of gains continue? It always feels like such a rapid reaction. When the dollar weakens, gold becomes attractive. This logic makes sense. I just wonder how long the bears can hold on. Data exceeding expectations is enjoyable in the short term, but in the long run, it still depends on the economic fundamentals. If gold prices can truly break new highs, then we should follow. Otherwise, it's just another round of cutting the leeks.

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UnluckyValidator

· 01-14 18:36

Core CPI is so weak, does the Federal Reserve really need to cut interest rates, and is gold about to take off? --- Once again, the dollar weakens and yields decline... Why do I feel this rally won't go too high? --- Better-than-expected decline? It looks like good news, but I’ll wait before jumping in. --- Can someone explain why the overall CPI is in line with expectations and the reaction is mild? The logic is a bit confusing. --- The softening of U.S. Treasury yields is nothing new. Can gold prices really stabilize this time? --- Is capital reallocating to commodities? I think this is just another false rebound. --- A monthly increase of only 0.2%, which is a bit surprising, but gold still needs a stronger catalyst to move upward. --- The dollar is under pressure and gold is rising. I’m tired of this logic; the key question is how much it can actually rise.

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TestnetScholar

· 01-13 14:55

Core CPI is so weak that the Fed's rate cut expectations are rising, and this wave of gold indeed has a chance --- Inflation cooling down, a soft dollar, and low yields... this combination couldn't be more friendly to gold --- Wait, is the short-term upward exploration a reliable idea? How come previous such "bullish" signals always turned out to be fleeting --- If the rate cut expectations fall short, the entire logic collapses; it depends on how the Fed comments afterward --- Is the reallocation of funds into commodities really happening, or is it just another hype? I'm a bit skeptical --- Core CPI is the key; the overall CPI's calm response is a very important detail --- A monthly rate of 0.2% sounds good but not particularly exaggerated. Don't be overly optimistic, everyone

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SchrodingerGas

· 01-13 14:53

With core CPI so weak, it seems the Federal Reserve will be forced to cut interest rates again, and the capital market is just relying on this to survive.

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RealYieldWizard

· 01-13 14:50

Core CPI is so weak that the Fed's rate cut expectations are rising. Gold should be taking off now. It's been said that a weak dollar means strong gold, and this time it finally proved true. I'm comfortable having gotten in early. With inflation easing and a rate cut imminent, this logic indeed holds up. Short-term, gold continues to look bullish without issue. The key is the softening of U.S. Treasury yields; otherwise, what's the point of talking about the attractiveness of non-yield assets? It's all nonsense. Wait, what if the data rebounds again? How should we handle that? Don't want another situation of this kind of repeated tug-of-war.

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DataBartender

· 01-13 14:49

Core CPI is so weak, the dollar is timid, and gold naturally cheers up The rate cut expectations are rising, and short-term gold prices need to surge again With such strong CPI data, I should have increased my position yesterday If inflation continues like this, the Federal Reserve has no choice but to cut rates The dollar is about to be drained again, and gold is stable this wave Data released and gold prices soared directly, the rhythm is perfect Core CPI is only 2.6%? What is the dollar still holding on for? Negative for the dollar = positive for gold, this logic is complete This wave is really driven by the rate cut expectations Gold prices are rising, the time to make money has arrived

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GasWrangler

· 01-13 14:46

technically speaking, if you actually analyze the mempool dynamics here, the real alpha is in understanding *why* core CPI matters more than headline—it's demonstrably the superior metric for rate trajectory prediction. most traders just follow the headline like sheep, tbh.

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