Gold Prices May Break Familiar Range on US Inflation Data

Gold prices may decline if US CPI data boosts Fed interest rate hike speculation, undermining demand for anti-fiat and non-interest-bearing assets.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2016/05/17/Gold-Prices-May-Break-Familiar-Range-on-US-Inflation-Data.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:commodities