This post was originally published on this site.The commentary underscores how sensitive gold sentiment remains to any upside surprise in US inflation data, given the current rally rests on expectations of a softer economy and a peaking rate cycle. A hotter than expected inflation print would risk reviving higher-for-longer Fed rate expectations, lifting Treasury yields and undermining the non-yielding metal’s appeal, a scenario that could trigger a swift unwind of recent gains. At the same time, steady central bank buying on dips is seen as a structural floor beneath the market, meaning any pullback is more likely to be choppy...

This post was originally published on this site.The combination of a sharper than usual seasonal drop in asking prices and employers holding firm on both hiring and firing adds to the case for a cautious Bank of England, which has kept rates on hold since December 2025. Weak housing momentum alongside soft hiring intentions points to a consumer backdrop that remains fragile, a dynamic likely to weigh on sterling and keep gilt yields anchored to dovish rate expectations into official labour data due Tuesday. The London-versus-north divergence in house prices also reinforces a narrative of an economy healing unevenly rather...