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

Odaily News The U.S. May core CPI (unadjusted) annual rate came in at 2.9%, in line with market expectations, reaching a new high since September 2025. Spot gold rallied about $20 in the short term, quoted at $4,166.85 per ounce. (Jin Shi)