As we see gold price is fly to 2300 at the start of April. This flying may be manipulation process to sell.
Other side inflation rate is over 3.00 and rate is still 5.5. In this year 2024, next FOMC statment rate will not decrease because to reduce inflation rate.
So, Gold price can see downtrend till around 2.00 of inflation rate.
Other side inflation rate is over 3.00 and rate is still 5.5. In this year 2024, next FOMC statment rate will not decrease because to reduce inflation rate.
So, Gold price can see downtrend till around 2.00 of inflation rate.