Gold futures settled higher Monday for a second straight session, supported by a pullback in the U.S. dollar. Investors await Wednesday’s U.S. CPI data,...
Gold futures settled higher Monday for a second straight session, supported by a pullback in the U.S. dollar. Investors await Wednesday’s U.S. CPI data, which can provide clues on the Federal Reserve’s interest-rate decision later this month.
“Gold could have a make-or-break moment this week, which means price action could break out of the $1,940 to $1,980 range,” said Edward Moya, senior market analyst at OANDA. December gold GCZ23, +0.19% climbed by $4.50, or 0.2%, to settle at $1,947.20 an ounce on Comex.
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Gold gains ground as dollar retreats ahead of key inflation readingGold futures rise early Monday as the dollar pulls back.
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Gold gains ground as dollar retreats ahead of key inflation reading this weekGold futures rise on Monday as the dollar pulls back.
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Gold Price Forecast: XAU/USD extends intraday gains, trades around $1,930Gold price trades higher around $1,930 a troy ounce, rebounding from the losses registered in the previous week. The pullback in the US Dollar (USD) i
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