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 Middle East Tensions Propel Gold and Silver Prices READ MORE Currency Volatility Is Back as Geopolitics Add to Dollar Bets READ MORE S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap READ MORE ZeroHedge: Arizona Joins BRICS, Druckenmiller Buys Barrick READ MORE ZeroHedge: Questions About Gold The CFTC And Fed Won’t Answer READ MORE Add a Comment Cancel replyYour email address will not be published.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