Gold Price Forecast: XAU/USD to advance nicely on falling US inflation – Commerzbank Gold XAUUSD CPI Fed Banks
could scale back hawkish Federal Reserve bets, allowing the yellow metal to rise, strategists at Commerzbank report.“The US inflation figures that are due to be published today could result in some price movement.”
since October 2021. If the inflation rate turns out to be even lower, the market is likely to scale back its interest rate expectations again somewhat, allowing Gold to rise.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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