Analysis: Gold prices rise to $5000 again, mild inflation boosts expectations of Fed interest rate cuts Golden Finance reported that gold prices rose as traders increased their bets on the Federal Reserve cutting interest rates after data showed mild inflation. Some investors bought gold on dips after Thursday's sharp sell-off. The relatively mild inflation performance in the United States in January has eased concerns about a significant increase in inflation and boosted market expectations that the Federal Reserve will cut interest rates. After the data was released, the yield of 10-year US treasury bond bonds declined, and interest rate swap traders expected that the possibility of a third interest rate cut before December was about 50%. This pushed the gold price up by 2.3% at one point. A decrease in interest rates usually benefits interest free asset gold. Ewa Manthey, a commodity strategist at ING Bank, said, "After the significant liquidation of precious metals this week, the overall background is still characterized by increased volatility, but today's trend suggests that the correction may be excessive, and buying on dips and position adjustments are providing support