Gold Price Forecast: XAU/USD flirts with $1,800 ahead of US PCE Inflation By anilpanchal7 Gold YieldCurve Inflation Fed Commodities
the upbeat demand forecasts for the world’s top gold consumer, as well as mildly bid US equity futures, amid a sluggish session.
The bright metal refreshed a three-week low the previous day as markets cheered the US Federal Reserve’s signals of the March rate hike and room for more lift-offs. That said, the hawkishGold prices portray a corrective pullback as demand from the world’s second-largest gold consumer India is likely to increase, per the World Gold Council report shared by Reuters.
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