Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range Analysts at Commerzbank are not optimistic about a sudden shift towards rapid interest rate cuts, even if the inflation data comes in lower than expected. They believe that without a significant surprise in the inflation figures, gold is unlikely to break out of its current trading range, which lies between slightly over $2,050 and $2,000. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Facing Facts: ‘Cautiously Bullish’ on Gold in 2024 READ MORE Silver Seen as 'Screaming Buy' with Prices Expected to Soar – InvestingHaven READ MORE Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE G-20 Says World Economy Has Growing Chance of Soft Landing READ MORE Market Tremors: NY Community Bancorp's Record Drop Highlights Commercial Real Estate Concerns READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
