Gold prices rose today as cooling U.S. inflation data boosted expectations that the Federal Reserve may begin cutting interest rates later this year. The U.S. Consumer Price Index (CPI) showed a slower-than-expected increase, suggesting that inflationary pressures are easing. This has led to speculation that the Fed may adopt a more dovish stance in upcoming meetings, making non-yielding assets like gold more attractive. Investors are now closely watching the Fed’s policy signals, while safe-haven demand continues to support gold prices amid global economic uncertainties.