Gold Price Forecast: CPI and Rate Fears Hit Bullion
Gold fell sharply on Tuesday as investors moved away from precious metals ahead of key U.S. inflation data and priced in a higher chance of another Federal Reserve rate hike this year. The latest gold price forecast has turned more cautious, with bullion pressured by risk-off selling, rising rate expectations,
Gold Price Forecast: Middle East and U.S. Jobs Data Guide Bullion
Gold steadied on Tuesday as traders waited for clearer signals from Middle East developments and upcoming U.S. labor-market data. The latest gold price forecast remains cautious because bullion is being pulled between safe-haven demand, inflation concerns, interest-rate expectations, oil-price volatility, and the U.S. dollar. According to the original Reuters report
