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Gold and Silver Price Forecast: Softer CPI Fuels Rebound as Oil Raises Inflation Risks

Gold and silver rebound after softer US inflation data, but rising oil prices and Middle East risks may revive inflation concerns and limit further gains.
Date: 15.07.2026  |  Source: fxempire.com
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Quotes

Instrument Price Change (%)
EURUSD 1.143140 +0.059039%
GBPUSD 1.341470 +0.2541%
USDJPY 162.193000 +0.002466%
XAUUSD 4031.115000 -0.53445%
USDCAD 1.405790 +0.000711%
NZDUSD 0.581600 +0.023561%
USDCHF 0.809130 +0.022251%
AUDUSD 0.698550 +0.1581%
EURGBP 0.852170 -0.055123%
EURJPY 185.415000 +0.10204%
GBPJPY 217.566000 +0.2188%
AUDJPY 113.298000 +0.24331%
CADJPY 115.374000 +0.065916%
CHFJPY 200.447000 -0.000499%
NZDJPY 94.327000 +0.096566%
GBPCHF 1.085390 +0.20588%
EURCHF 0.924960 +0.12015%
USDMXN 17.402500 -0.002873%
USDZAR 16.361850 +0.13188%
USDTRY 47.031280 +0.01059%
USDRUB 78.119300 +0.74424%
USDSEK 9.656670 -0.043992%
USDCNY 6.755800 -0.20239%

Upcoming Important Events

Time Country Event Forecast Previous
15.07.2026
12:30 🇺🇸 Producer Price Index MoM (Jun) 0 1.1
13:45 🇨🇦 BoC Interest Rate Decision 2.25 2.25
13:45 🇨🇦 BoC Monetary Policy Report
16.07.2026
06:00 🇬🇧 Gross Domestic Product MoM (May) 0.1 -0.1
12:30 🇺🇸 Retail Sales MoM (Jun) 0.2 0.9
17.07.2026
12:30 🇺🇸 Building Permits (Jun) 1.4 1.41
12:30 🇺🇸 Housing Starts (Jun) 1.31 1.177
14:00 🇺🇸 Michigan Consumer Sentiment (Jul) 51 49.5
20.07.2026
12:30 🇨🇦 Inflation Rate YoY (Jun) 3 3.2
21.07.2026
06:00 🇬🇧 Unemployment Rate (May) 4.9 4.9