Tuesday, 8 June 2021

Gold Prices Eye $1900 as Chinese PPI Beat Signals Building Price Pressures

Gold prices edged slightly higher as Chinese PPI surged to the highest level since 2008, hinting at further price pressures. Traders are eyeing the $1,900 mark ahead of Thursday’s US inflation data.

from DailyFX - Market News https://ift.tt/3x89gGl
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...