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 THE SILVER BREAKOUT: Off To $48? Triple Digits? READ MORE Fed's Key Inflation Rate Aligns with Expectations, Boosting S&P 500 READ MORE A Pivotal Week for Stock Markets: Earnings, Fed Decisions, and Job Reports READ MORE World Gold Council: Gold Demand Trends Full Year 2023 READ MORE Add a Comment Cancel replyYour email address will not be published.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
