Gold Rises 0.73% Driven by U.S. Inflation Data

January 15th was a positive session for gold, with prices rising 0.73% following the release of U.S. inflation data. Investors expect more aggressive rate cuts from the Federal Reserve, which could weaken the dollar. On the intraday XAUUSD chart, a steady upward trend is evident throughout the day, with a notable pullback during the Wall Street opening. However, this dip was short-lived, triggering a rebound that pushed gold to weekly highs.