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Why Gold Can't Rally Even with Softer Inflation Data

Gold slips even as U.S. inflation data cools, with oil prices climbing on renewed Iran tensions and the dollar regaining strength.

Written by
Fawad Razaqzada
Fawad Razaqzada

Market Analyst

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Gold slips even as U.S. inflation data cools, with oil prices climbing on renewed Iran tensions and the dollar regaining strength. FOREX.com Market Analyst Fawad Razaqzada breaks down why the Fed needs more than one soft inflation print, plus the key gold technical levels to watch next.

 

 

 

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of FOREX.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.

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