Gold rate outlook: Prices to stay in corrective phase ahead of key US, China data; Fed remarks, tariff hearing in focus
Gold prices are poised for a corrective phase as investors await crucial US and Chinese economic data, alongside Federal Reserve commentary and a US Supreme Court trade tariff hearing. While a strong dollar and subdued demand cap upside, economic outlook uncertainty and potential tariff volatility limit downside for the precious metal.🕒 1 min read
Gold prices are poised for a corrective phase as investors await crucial US and Chinese economic data, alongside Federal Reserve commentary and a US Supreme Court trade tariff hearing. While a strong dollar and subdued demand cap upside, economic outlook uncertainty and potential tariff volatility limit downside for the precious metal.
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