Gold Price Forecast: XAU/USD buyers turn cautious ahead of US …

11 hours ago · Gold price meets sellers again above $2,675 heading into the US CPI release. Softer US PPI data add to the US Dollar and Treasury bond yields correction. Gold price stays …

$2675
OFF

Gold Price Forecast: XAU/USD Buyers Turn Cautious Ahead Of US …

2 weeks from now

11 hours ago · Gold price meets sellers again above $2,675 heading into the US CPI release. Softer US PPI data add to the US Dollar and Treasury bond yields correction. Gold price stays …

fxstreet.com

30%
OFF

Gold Prices Surge Ahead Of US CPI Data: Investors Eye

2 weeks from now

1 hour ago · Gold prices trade higher ahead of US CPI data. ... moderately according to recent reports. This might affect the next steps of the Federal Reserve. ... to 97.30% up from 94.70 % …

econotimes.com

$2640
OFF

Gold Outlook: CPI In Focus As Investors Keep Eye On Yields

2 weeks from now

The trend line comes in around the $2640-50 area. We will turn tactically bearish on the gold price outlook should this trend line break down. Unless that happens, our gold outlook is neutral at …

forex.com

53%
OFF

Gold Shines On Cooler PPI, CPI Eyed Next | Investing.com

2 weeks from now

7 hours ago · Gold (XAU/USD) gained 0.53% after the release of cooler-than-expected Producer Price Index (PPI) report. The PPI data weakened the US dollar (USD) and supported the …

investing.com

$2501
OFF

Gold (XAU) Price Forecast: Tight Range Signals Breakout – Will CPI …

2 weeks from now

Gold prices hover near $2501 pivot, awaiting U.S. CPI data to break out of a tight range between $2470 and $2531. CPI data may trigger a move in gold prices, with traders eyeing a Fed rate …

fxempire.com

2%
OFF

Gold Prices Forecast: Edging Higher But Rangebound As Traders …

2 weeks from now

Jan 10, 2024 · The dollar index has gained 1.2% this month, affecting gold prices, as a stronger dollar typically diminishes the appeal of gold. Concurrently, yields on 10-year U.S. Treasury …

nasdaq.com

3%
OFF

Gold (XAU) Price Forecast: CPI Data Fuels Rate Cut Bets, Will PPI ...

2 weeks from now

Dec 12, 2024 · US CPI rose 0.3% in November, fueling a 98% chance of a Fed rate cut next week, per CME FedWatch. How will this impact gold prices? Fibonacci support at $2693 holds …

fxempire.com

3%
OFF

Gold Edges Up On Soft Inflation Print, US CPI In Focus

2 weeks from now

1 day ago · U.S. PPI rose 3.3% on an annual basis in December U.S. CPI data due on Wednesday Gold to be in demand as a diversifier, UBS says Jan 14 (Reuters) - Gold prices …

reuters.com

47%
OFF

Gold Prices Forecast: CPI Data Takes Centerstage - Nasdaq

2 weeks from now

Jan 11, 2024 · As of 07:58 GMT, Gold (XAU/USD) is trading at $2033.845, up by 0.47%, while February Comex gold futures are up 0.54% at $2038.70. Despite these gains, the market is …

nasdaq.com

$200
OFF

Gold Prices Forecast: Can Upcoming CPI Report Trigger A Shift In ...

2 weeks from now

Mar 9, 2024 · Silver (XAG) Forecast: Could Easing Labor Data Lift Prices Next Week? Sun, 05 Jan 2025 06:05:29 GMT BTC Price Analysis: Strategic Reserve Speculation Fuels $200K …

fxempire.com

2%
OFF

Gold Prices Forecast: Will XAU/USD Rebound Or Slide Amid

2 weeks from now

Feb 11, 2024 · The upcoming U.S. CPI report, due on Tuesday, is the focal point for next week’s gold trade. The market anticipates a 0.2% increase in January’s CPI, mirroring December’s …

nasdaq.com

$2604.39
OFF

Gold (XAU) Price Forecast: Can Geopolitical Tensions And Inflation …

2 weeks from now

Oct 13, 2024 · Looking ahead to next week, gold is expected to trade within a relatively narrow range, with support likely around $2,604.39 and resistance near $2,685.64. It’s mid-point at …

fxempire.com

805%
OFF

Bond Yields Soar As PPI Report Looms—Will Inflation Jolt Stocks …

2 weeks from now

1 day ago · PPI report today may influence Fed policy as inflation trends take center stage—watch for market volatility. Treasury yields hit 4.805%, a 14-month high, pressuring …

fxempire.com

FAQs about Gold Price Forecast: XAU/USD buyers turn cautious ahead of US … Coupon?

Will the CPI and PPI affect gold prices?

In conclusion, gold traders should brace for a week where economic reports, especially the CPI and PPI, could significantly sway market sentiments. These reports will not only influence the Federal Reserve’s rate decision but also shape the U.S. Dollar’s strength and Treasury yields, directly affecting gold prices. ...

How will CPI data affect gold prices?

The CPI data’s outcome will be crucial in confirming this trend, with lower rates potentially propelling gold prices higher. Gold is slightly higher on Monday, but inside Friday’s range, which usually indicates investor indecision and impending volatlity. A trade through $2154.06 will be the first sign of weakness. ...

Will the CPI and PPI sway gold market sentiments?

Such outcomes could impact the timing and scale of anticipated interest rate cuts. In conclusion, gold traders should brace for a week where economic reports, especially the CPI and PPI, could significantly sway market sentiments. ...

Why did gold (xau/USD) gain 0.53% after PPI report?

Gold (XAU/USD) gained 0.53% after the release of cooler-than-expected Producer Price Index (PPI) report. The PPI data weakened the US dollar (USD) and supported the precious metals market because lower inflation could lead to earlier interest rate cuts by the Federal Reserve (Fed). ...

How did the PPI data affect the precious metals market?

The PPI data weakened the US dollar (USD) and supported the precious metals market because lower inflation could lead to earlier interest rate cuts by the Federal Reserve (Fed). The data revealed that the Producer Price Index (PPI) increased by 3.3% annually in December, lower than the 3.4% anticipated by economists surveyed by Reuters. ...

Will CPI be the catalyst for gold prices?

Gold (XAU) Price Forecast: Tight Range Signals Breakout – Will CPI Be the Catalyst? Gold prices hover near $2501 pivot, awaiting U.S. CPI data to break out of a tight range between $2470 and $2531. CPI data may trigger a move in gold prices, with traders eyeing a Fed rate cut that could push gold to $2600 by end of 2024. ...