
Gold and Silver Price Forecast: Softer U.S. PPI Fails to Push Gold Above $4,500
Gold and silver remain constructive after softer U.S. producer inflation, but gold must break $4,500 and silver must clear $72 to extend their rallies.
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Gold and silver remain constructive after softer U.S. producer inflation, but gold must break $4,500 and silver must clear $72 to extend their rallies.

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Much of the chatter over the past week has centred on the downside surprise in US non-farm payrolls, the soft US CPI report and the undershoot in PPI overnight, which has seen Fed rate hike pricing pared over the next year.