Saturday, 20 August 2022

Gold Price Forecast: Bullion to Find Relief on Slowing US Inflation

The update to the US Personal Consumption Expenditure (PCE) Price Index may curb the weakness in the price of gold as the report is anticipated to show a slowdown in inflation.

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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...