U.S. CPI annual rate hits a new high since April 2023, spot gold rises about $20 in the short term

Odaily reports that the U.S. core CPI annual rate (unadjusted) for May came in at 2.9%, in line with market expectations, marking the highest level since September 2025. Spot gold briefly surged about $20 to $4,166.85 per ounce. (Jinshi)