📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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Institution: The strengthening of the US dollar has led to further falls in gold futures.
Jin10 data reported on August 14, due to stronger than expected U.S. inflation data, traders lowered their interest rate cut expectations for the remainder of the year, and gold prices continued to fall. In evening trading, gold futures fell 0.6%, while the U.S. dollar index rose 0.4%, to $98.22 per ounce. Forex.com's market analyst Fawad Razaqzada stated: "Today's PPI data shows that the PPI unexpectedly rose to 3.3% year-on-year in July, far exceeding the expected 2.5%. This has raised concerns that the impact of tariffs on inflation is finally starting to show." Investors' attention will now turn to retail sales and consumer confidence data. However, against the backdrop of ongoing uncertainty surrounding U.S. trade negotiations and the meeting between U.S. President Trump and Russian President Putin on Friday, gold is also supported by safe-haven demand.