Gold (XAU) Price Forecast: Will CPI Data Trigger a Sustained …

Sep 11, 2024 · At 11:08 GMT, XAU/USD is trading $2522.28, up $5.54 or +0.22%. U.S. Inflation Data and Federal Reserve Policy Loom Large. Wednesday’s CPI report is expected to provide critical insight into the ...

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Gold (XAU) Price Forecast: Will CPI Data Trigger A Sustained …

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

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1 day ago · Gold price eyes US CPI inflation data for cues on Fed’s policy Gold price reverses a part of the previous day’s rebound as sellers continue to lurk above $2,675.

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Gold (XAU) Silver (XAG) Daily Forecast: Will CPI Data Spark A …

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1 day ago · Gold (XAU) struggles near $2,675 as CPI data looms. Will softer inflation drive a breakout, or will bearish pressures prevail? ... A sustained move above this level could trigger …

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Gold Prices Forecast: Will Upcoming CPI Data Trigger Market

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May 12, 2024 · Gold Prices Forecast: Will Upcoming CPI Data Trigger Market Volatility? ... XAU/USD finished the week at $2360.515, up $58.705 or +2.55%. ... Significant attention is …

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Gold Price Forecast: XAU/USD Retreats After US CPI Report

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Sep 14, 2023 · Gold price eases following release of hotter-than-expected US CPI data . On Wednesday, the price of gold fluctuated around $1,910 per ounce, hovering close to its lowest …

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Gold Price Forecast: XAU/USD Needs A Soft US CPI Inflation Report …

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Aug 14, 2024 · Gold price is defending the $2,450 psychological level, looking to the one-week high of $2,477 on the US Consumer Price Index (CPI) inflation day. All eyes remain on the key …

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Gold (XAU) Price Forecast: Will CPI Data Trigger A Breakout Toward ...

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Aug 14, 2024 · Gold nears record high at $2,483.74 as traders await CPI data that could signal a Fed rate cut in September. CPI report expected to show a 0.2% rise in Core CPI, crucial for …

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Gold Price Forecast: XAU/USD Keeps Sight On $2,277 And High

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Jun 12, 2024 · Gold Price Forecast: XAU/USD keeps sight on $2,277 and high-impact US CPI, Fed Premium ANALYSIS | 06/12/2024 02:55:39 GMT Gold price holds above $2,300 early …

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Gold (XAU) Price Forecast: Will Softer CPI Data Trigger A Gold Rally ...

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Sep 7, 2024 · XAU/USD finished down 0.23% for the week, with traders now looking ahead to next week’s inflation data to clarify the Fed’s policy direction. Weekly Gold (XAU/USD) Last …

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Gold (XAU) Price Forecast: Bulls Target $2693.40 Breakout, Bears …

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1 day ago · LONDON (January 15) Gold prices inched higher on Wednesday, finding support at $2663.51, a critical 50% retracement level. While immediate resistance at the 61.8% level …

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Gold (XAU) Silver (XAG) Daily Forecast: U.S. Inflation Data Looms ...

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2 days ago · A sustained break above $2,696.66 could signal further upside potential, while a drop below $2,658.87 might trigger a deeper correction. Silver (XAG/USD) Price Forecast: …

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Gold (XAU) Silver (XAG) Daily Forecast: CPI Data And Bond Yields …

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15 hours ago · The Consumer Price Index (CPI) rose by 0.4% in December, with the annual inflation rate increasing to 2.9% from 2.7%. Core CPI, excluding food and energy, slowed to …

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Gold Sees December CPI Release Turning Into Pivotal Data Release

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1 day ago · At 13:30 GMT, the US Consumer Price Index data for December will be released. The monthly core CPI measure is expected to rise 0.2% compared to 0.3% in the previous month.

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Gold (XAU) Price Forecast: Will Safe-Haven Flows Offset Rising …

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4 days ago · Traders eye CPI data on Jan 15, which could spark volatility and determine if gold breaks above $2726 or tests lower levels. Gold ends the week at $2689, up 1.88%, defying …

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Gold, Silver, US Dollar Technical Analysis: Will Inflation Risks Drive ...

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1 day ago · Gold, Silver, Platinum Forecasts – Gold Tests Multi-Week Highs As Treasury Yields Pull Back Thu, 16 Jan 2025 17:53:30 GMT Nasdaq 100: Tesla Falls 3.7% as Tech Slides on …

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Gold (XAU) Price Forecast: Bulls Target $2693.40 Breakout, Bears …

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1 day ago · Gold prices hover near $2686, with CPI data and Fed signals driving market uncertainty and influencing XAU/USD momentum. Bulls target a breakout above $2693.40, …

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Gold (XAU) Price Forecast: Softer Retail Sales May Signal Further ...

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12 hours ago · Gold Rises as Inflation Data and Retail Sales Spark Market Interest. Gold prices climbed on Thursday, crossing above a critical Fibonacci support at $2,693.40, which now acts …

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FAQs about Gold (XAU) Price Forecast: Will CPI Data Trigger a Sustained … Coupon?

How will xau/USD affect gold's price trend in the short term?

The market is poised to react swiftly to these indicators, shaping gold’s price trend in the short term. Gold (XAU/USD) is nudging higher on Tuesday, with uncertainty ahead of the CPI data likely driving light short-covering. Nonetheless, the market remains capped by the 50-day moving average at $2032.45. ...

How much is gold (xau/USD) now?

At 07:34 GMT, Gold (XAU/USD) is trading $2024.66, up $0.30 or +0.01%. Despite a notable reduction in market expectations for 2024 rate cuts since January, gold’s price has shown remarkable stability. ...

Is xau/USD short-covering or position-squaring ahead of the Inflation Report?

However, it’s more likely short-covering or position-squaring ahead of the inflation report that carries a lot of uncertainty due to its potential impact on the Fed. At 08:30 GMT, XAU/USD is trading $2025.59, up $5.585 or +0.28%. The primary focus of investors is the forthcoming U.S. Consumer Price Index (CPI) report. ...

What is gold price doing on US CPI day?

Gold price extends its recovery momentum toward $2,400 on US CPI day. The US Dollar nurses losses with Treasury bond yields, as risk flows dominate on Fed rate cut bets. Gold price keeps eyes on $2,400 and US CPI inflation data amid bullish daily technical setup. ...

How will US CPI data affect the gold price?

The key US CPI data will help shape the Fed’s view on interest rates, significantly impacting the value of the US Dollar and the Gold price in the near term. The US CPI is set to rise 3.4% YoY in May, at the same pace as in April while the core CPI inflation is expected to tick down to 3.5% over the year in the same period from April’s 3.6%. ...

Should gold price take out the all-time high of $2484?

Gold buyers look to the US CPI data to secure a daily candlestick closing above that level, which could then trigger a fresh advance to the $2,500 mark. However, Gold price needs to take out the all-time high of $2,484, at first. ...