Gold prices experienced a significant increase, climbing above $4,332 per ounce, following the release of

cooler-than-expected Consumer Price Index (CPI) data for November. Both the headline and core CPI figures showed a

greater decrease than economists had predicted.

The unexpectedly mild inflation data has fueled speculation about potential changes in monetary policy, contributing to

the surge in gold prices. Investors often turn to gold as a hedge against inflation and economic uncertainty, making it

a beneficiary of dovish signals from economic indicators.