The prediction for the price of gold, currently at $1,916.67 in the XAUUSD market, is that it will decrease below $1,900 if economic data stays strong and inflation continues to rise, according to TDS.
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The latest CPI print was a bit of a head fake for Gold markets, initially generating a rally than a drop back to the daily lows. Economists at TD Securities analyze XAU/USD outlook.
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