Gold Price Forecast: XAU/USD bears remain keen on $1,825 Gold SEO Fed RetailSales
price dropped, popped, dropped again and is now slowly correcting from the day's lows and has so far held in familiar post-data ranges around $1,835.With the latest data showing that retail sales rebounded more than expected in January, and rose the most since March 2021, highlighting the strength of the economy, the US Dollar has still not been able to take off which is giving the Gold bulls a lifeline currently:US Retail Sales Ex Auto Jan: 2.3% .
'' Even so,'' the analysts added, ''the disappointment of the production data has not been enough to put much more than a small dent in the strength exhibited in January US labour and the retail sales data, particularly given the robustness demonstrated in this week’s US January Consumer Price Index inflation report.''On Tuesday, the annual Consumer Price Index inflation rate in the US slowed slightly to 6.4% in January from 6.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Gold Price Forecast: Death cross favors XAU/USD bears ahead of United States inflationGold price (XAU/USD) holds lower ground at the monthly bottom surrounding $1,855, following the slump to early January levels the previous day, as mar
Leer más »
Gold Price Forecast: XAU/USD sitting tight over the abyss ahead of US CPIGold decoupled from the US Dollar's trajectory on Monday, sinking at the same time as the greenback as investors get set for this week's key event in
Leer más »
Gold Price Forecast: XAU/USD approaches $1,860 after a recovery move, spotlight is on US InflationGold price (XAU/USD) is marginally far from reclaiming the critical resistance of $1,860.00 in the Tokyo session. The precious metal recovered firmly
Leer más »
Gold Price Forecast: XAU/USD to sink toward $1,825 on hotter-than-expected US CPIGold price rebounds from week lows at $1,850. But XAU/USD could resume drop toward $1,825 on hot US Consumer Price Index, FXStreet’s Dhwani Mehta repo
Leer más »
Gold Price Forecast: XAU/USD clings to gains above $1,860, focus remains on US CPI reportGold Price Forecast: XAU/USD clings to gains above $1,860, focus remains on US CPI report – by hareshmenghani Gold Commodities Fed Inflation SEO
Leer más »
Gold Price Forecast: XAU/USD to advance nicely on falling US inflation – CommerzbankGold price dropped yesterday to $1,850, its lowest level since early January. Soft United States Consumer Price Index could scale back hawkish Federal
Leer más »