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Gold Price Forecast: XAU/USD accelerates above $1,790 as spotlight shifts to US inflation

by Gold Editor
December 8, 2022
in XAU/USD Gold US Dollar
Reading Time: 1 min read

Gold price has surpassed the immediate hurdle of $1,790.00 as the US Dollar Index has resumed its downside journey. A decline in US PPI figures is going to delight the Federal Reserve. Gold price has resumed its upside journey after a positive divergence formation.
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Latest posts by Gold Editor (see all)
  • The gold price is near 9-month highs. Could these ASX 200 mining stocks be set to soar? - February 2, 2023
  • Gold Prices (XAU) Retreat from Recent High, Silver (XAG) Follows Suit - February 2, 2023
  • Gold sales dip in Kolkata as price sails past Rs 60,000 - February 2, 2023
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USD/CAD drops below 1.3600 amid mildly bid oil prices, cautious mood ahead of key US data

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