Gold weathers violent rates move ahead of US CPI

Given the scale of the rout in global bond markets and rebound in the US dollar, gold has held up remarkably well, even if it hasn't been immune to those macro headwinds. Whether that resilience can persist may be determined by the US inflation report due later Friday, along with gyrations in the crude oil price.

Related Symbols 1

XAUUSD XAU/USD

Source: Forexcom

Visit Source

0 0 0

Comment

Important Notice: More than 48 hours have passed since this news or analysis was published. Due to the volatility of financial markets, some of the information or data presented may no longer be valid or reflect current market conditions. Please verify the information again before making any trading or investment decisions.

Comments

No comments yet

Be the first person to comment on this news item.

Category Forex

Source Forexcom

Published 1 week ago

Likes 0

Comments 0

Shares 0

News ID #16,135

Status Published

This news may have been collected automatically from third-party sources. Please verify important information through the original source and other reliable sources before making any trading or investment decision. This content is provided for informational purposes only and does not constitute financial advice.

Keep comments relevant to the news topic and avoid offensive, promotional, spam, or misleading content.