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 S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data READ MORE Gold vs. Bitcoin Investments [Debating the pros & cons] READ MORE Florida’s Housing Market Sees Price Drop AmidInsurance Crisis READ MORE Jamie Dimon Believes U.S. Debt Is the ‘Most Predictable Crisis’ in History READ MORE Gold is headed to $3,000 or higher, says this veteran strategist READ MORE Add a Comment Cancel replyYour email address will not be published.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
