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Could the price of gold reach $3,500 this month? A few drivers can sway the precious metal's direction, experts say.
In my view, the current UK consumer price index (CPI) should not be a good indication of gold demand and, by extension, the gold spot price, which will be the focus of this study.
Gold prices firmed on Tuesday as concerns over the global trade war fuelled demand for safe-haven assets, while investors ...
Gold prices dipped despite tariff threats and Fed tensions. Policy uncertainty may keep XAU/USD supported as traders await ...
Gold returns and CPI changes have a historically weak linear relation Since 1971, only 16% of the variation in gold prices can be explained by changes in CPI inflation.[4] ...
Last week's bearish formation got met with a renewed breakout, taking gold up 2% from its 3,284 lows. Click to read.
The outlook using the World Gold Council’s Gold Valuation Framework isn’t as optimistic about the second half of the year, ...
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Gold Snaps Losing Streak Amid Inflation QuestionsComex Gold Settles 0.56% Higher at $2620.60. Front Month Comex Gold for October delivery gained $14.60 per troy ounce, or 0.56% to $2620.60 today ...
Gold edged higher in the early Asian session on possible position adjustments ...
Their strategy to diversify reserves and lessen reliance on the U.S. Dollar has further increased demand for gold. Impact of CPI and PPI Reports. The upcoming Consumer Price Index (CPI) ...
0746 GMT – Gold prices tick higher ahead of U.S. inflation data later this week which will be key for the metal’s direction. The precious metal gains 0.2% to $2,029.20 a troy ounce. Gold has ...
Gold prices reached another record of more than $2,380 Tuesday morning, extending a bull run that has outpaced the S&P 500 so far this year. Gold could climb to $3,000/oz by next year, Bank of ...
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