Long

XAUUSD: Near record high !

7 days ago

Gold price maintained over 2,500 USD/ounce on Tuesday when the market waits for inflation data from the US. With the expected CPI, high possibility of gold will attract more buying force, especially when the Federal Reserve will cut interest rates next week.

The gold is currently around $ 2,520, and if it is over 2,525 - 2,530 USD, the market may witness a stronger price increase. The lower interest rate will promote the demand for gold, making it more attractive for investors to rise.

Pukaaa

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