Gold Price Forecast: Bulls Remain Cautious Following Sticky US CPI Print

BY admin admin

Gold prices have bounced from the daily low around $1905/oz mark, helped by a slightly weaker USD. A surprise given the sticky US inflation print but further downside remains a possibility.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Japanese Yen is on the Slide as the Fed and Bank of Japan Return to their Corners

The Japanese Yen backed away from 145 against the US Dollar after some verbal intervention but interest rate differentials are reaccelerating in favour of USD. How high will USD/JPY go?

Forex

Cable sits a little lower on the session, Brexit still the main focus

GBP/USD eases to the lows for the day, with the low touching 1.3412 The dollar is keeping steadier for the most part and that is helping to see some push and pull in cable, but the pound is also faili

Forex

Fed's Daly: Too early to say we have declared victory on inflation

In an interview with CNBC on Thursday, San Francisco Federal Reserve President Mary Daly said it was too early to declare victory on inflation, as rep

Copyright © 2024 | WordPress Theme: Xews Lite