Gold Price Forecast: Gold Upside Test as US Rates Drop – Last Chance for Volatility

gold price forecast gold upside test as us rates drop last chance for volatility

Sumary of Gold Price Forecast: Gold Upside Test as US Rates Drop – Last Chance for Volatility:

  • Markets Take a Transitory View with Inflation Last Chance for FX Volatility Excitement Gold Levels to Watch US CPI rising to 5%, above expectations of 4.7% received a mere shrug of the shoulders from markets..
  • However, as volatility remains subdued, chances of a break out are somewhat limited and thus a combination of falling real yields and a softer USD would be needed to challenge the May high (1916)….

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