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Gold Price Hits Fresh GBP All-Time High - Solomon Global Analyses Key Factors
This year may become a key turning point for the US dollar! Gold and Silver will both face impacts.
Macroeconomic strategists point out that one of the biggest features of 2025 will be the peak of the US dollar against other MMF, which will mark the beginning of a major trend.
Gold Prices Hit 1-mth High After Soft CPI Data Dents Dollar
Is Coeur Mining, Inc. (CDE) Among Tuesday's Top Gainers?
Inflation seems to be on the rise, has a peak for Gold already appeared?
The base effect may lead to a faster increase in the year-on-year CPI in December, and the Global financial markets may face significant turbulence, with Gold being the first to suffer.
The USA CPI is brewing major risks! Be cautious of a sudden sell-off in Gold. FXStreet's senior Analyst provides the latest Trade analysis on Gold prices.
On Wednesday morning in the European market, spot Gold maintained a rebound trend, with current prices around $2,685 per ounce. FXStreet Senior Analyst Dhwani Mehta pointed out that on Wednesday, Gold buyers are waiting for the release of the USA Consumer Price Index (CPI) data to gain further insight into the Federal Reserve's interest rate trajectory.