Commerzbank believes that the gold price is not expected to benefit from the modest inflation figures in the US, with XAUUSD trading at 1,914.78.

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XAUUSD Chart by TradingView

Following the publication of the US inflation figures, Gold price briefly climbed to $1,930 but then dropped back to $1,915. Economists at Commerzbank analyze XAU/USD outlook.

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