Gold Price Forecast: XAU/USD Slides to $4,700 Ahead of US CPI Data
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6 Articles
Gold Retreats Amid Iran Tensions and Inflation Concerns Ahead of CPI Release
Gold fell 0.8% to $4,699 amid Iran ceasefire uncertainty, rising oil, and dollar strength. Silver dropped 2% as markets await U.S. CPI data release. The post Gold Retreats Amid Iran Tensions and Inflation Concerns Ahead of CPI Release appeared...
Gold Price Forecast: XAU/USD slides to $4,700 ahead of US CPI data
The post Gold Price Forecast: XAU/USD slides to $4,700 ahead of US CPI data appeared on BitcoinEthereumNews.com. Gold (XAU/USD) shows moderate losses on Tuesday, trading a few pips below the $4,700 level at the time of writing after failing to find acceptance above $4,770 earlier on the day. The precious metal remains within previous ranges, but the risk has shifted to the downside as concerns about the US-Iran ceasefire and investors’ cautiousn…
(Dan Tri Newspaper) - Gold prices are fluctuating ahead of a series of notable news releases, focusing on April CPI data, April PPI, retail sales figures, and unemployment benefit claims... All of these factors will affect gold prices.
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