Gold Price Forecast: XAU Eyes FOMC As Falling Breakeven Rates Drag Gold
December 12, 2021 at 12:30 PM EST
Gold prices were largely unchanged last week despite the highest US inflation print in nearly 40 years. The consumer price index (CPI) crossed the wires at 6.8%, matching analysts’ estimates. That is up from October’s 6.2% year-over-year figure.