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 Towards Global De-dollarization: Iran Advocates for BRICS Digital Currency in 2024 READ MORE STAGFLATION & The Longest Yield Curve Inversion in History READ MORE Gold Shows ‘Unprecedented Strength’ in Record Rally. Warning Signs Are Flashing. READ MORE What Does the Red Sea Disruption Mean for Europe's Economy? READ MORE Add a Comment Cancel replyYour email address will not be published.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