Canada's inflation rate was unchanged at 3% last month, matching expectations as gasoline prices rose at a slower annual pace.

Canada’s annual inflation rate held at 3% in August, unchanged from July, Statistics Canada reported Monday. At face value, a number that isn’t moving upwards looks like good news. But a closer look at what’s behind that figure paints a less reassuring picture.

India’s inflation accelerated in August, pushing closer to the top of the central bank’s 2%-6% target range and potentially narrowing the scope for policymakers to remain on hold for long.

India's annual retail inflation jumped to 4.82% in August from 4.45% in July, driven by higher food and fuel prices and strengthening a case for an interest rate hike in

Gold futures fell to their lowest in more than a month as surging energy prices and bond yields continued to boost expectations that the Federal Reserve will raise interest rates this week.

Gold prices eased on Monday as a surge in oil prices stoked ‌inflation concerns, boosting expectations that the U.S. Federal Reserve may raise interest rates at its policy meeting this week.

Gold fell as continued disruptions to oil supplies from the Middle East reinforced bets on a series of Federal Reserve rate hikes this year.

They say that gold is the noble metal, but actually it might be called the ignoble metal because nothing physical in history has driven more awful behavior than gold.