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Gold rose to nearly US$2,990/oz, buoyed by US inflation figures prompting potential monetary easing, experts advise

Gold nears $2,990 as inflation data boosts rate-cut bets; safe-haven demand rises amid economic concerns.

European indices began the final trading day slowly, showing mixed performances across markets without gains

European stocks declined; Eurostoxx, DAX, and CAC 40 fell. US futures rose, but sentiment remains fragile.

Spain’s final CPI for February matched forecasts at 3.0%, while core inflation decreased to 2.2%

Spain’s February CPI is 3.0%, with core inflation falling to 2.2%, nearing the ECB’s 2% target.

The yen rises as Japanese companies settle for smaller wage increases than anticipated in negotiations

Japanese firms agreed to a 5.46% wage hike, below Rengo’s demands, potentially delaying BOJ rate hikes.

At the European session’s start, prices for rare metals, including PGMs, showed a mixed trend

Palladium rose to $969.20, driven by industrial demand, while platinum declined. Supply constraints influence price volatility.

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