• Gold Price Forecast: XAU/USD to struggle on any surprises to the upside in US inflation – ANZ

Noticias del mercado

13 septiembre 2023

Gold Price Forecast: XAU/USD to struggle on any surprises to the upside in US inflation – ANZ

Gold price is extending the previous decline while heading toward the $1,900 threshold. Economists at ANZ Bank analyze the yellow metal’s outlook ahead of the key US Consumer Price Index (CPI) data.

All eyes stay focused on the all-important US inflation data

Gold moved further lower after a breach of key technical support sparked selling. The market is also cautious ahead of US CPI data. 

Any surprises to the upside could raise expectations of another rate hike, which would be negative for the precious metal.

See – US CPI Preview: Forecasts from 10 major banks, strong headline with rising energy prices

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: