Gold on the Edge: Will Trade Talks or CPI Data Tip the Scale?

7 gün önce

The gold market remains highly volatile as the long-awaited trade negotiations between the United States and China officially begin in London. Ongoing tensions between the two economic giants continue to make gold prices highly sensitive. As talks unfold, investors are treading cautiously. Currently, gold is trading near the $3,330 level.

In the short term, gold's direction will largely depend on the outcome of these negotiations. If both sides make progress, as President Donald Trump hopes, gold may pull back. However, if the talks stall and tensions escalate, the precious metal could surge as investors seek safety.

Adding to the uncertainty is the upcoming release of the U.S. Consumer Price Index (CPI) on June 11. Should inflation rise sharply, traders may rotate capital into safe-haven assets like gold—potentially fueling another upward push in price.

7 gün önce

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