Gold edges lower after registering over 2% gains in the previous session, trading around $5,030 per troy ounce during the Asian hours on Monday. However, the non-interest-bearing Gold could further gain ground following softer January Consumer Price Index figures, which reinforced expectations that the Federal Reserve could cut rates later this year.
Source: https://www.fxstreet.com/news/china-house-price-index-dipped-from-previous-27-to-31-in-january-202602160123
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