Gold Price Holds Above $4,400 Ahead of US CPI Data
Gold extends its bullish run into a third day, holding above the $4,400 level, as markets await Wednesday's US inflation figures.
XAUUSD
Gold (XAU/USD) traded firmly above $4,400 in Asian trading on Tuesday, extending its winning streak to three sessions.
The metal’s recent gains come as investors position ahead of the US Consumer Price Index (CPI) report scheduled for release on Wednesday. The inflation data is seen as the next major catalyst that could sway expectations for Federal Reserve policy and impact the dollar.
Source: FXStreet Forex News