Gold Prices Surge on Tamer-than-Expected CPI Reading (Jan 13, 2026)

Gold futures rise as the U.S. CPI-U for December 2025 posted 6.7% year-over-year, softer than the 7.0% widely expected. The Federal Reserve's pivot toward rate stability following its 2025-01-29-02-01 meeting is viewed as a key factor, with traders interpreting the data as a signal of reduced near-term tightening. On Jan 13, 2026, COMEX gold futures (GLD) gained 2.3% to $2,341.50 per ounce, reflecting heightened expectations of accommodative monetary policy and lower inflation risks.