Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range Analysts at Commerzbank are not optimistic about a sudden shift towards rapid interest rate cuts, even if the inflation data comes in lower than expected. They believe that without a significant surprise in the inflation figures, gold is unlikely to break out of its current trading range, which lies between slightly over $2,050 and $2,000. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Money vs. Currency: The Great Gold & Silver Rush READ MORE Defying Expectations: Gold's Rally in a Strong Economic and Stock Market Environment READ MORE U.S. Business Activity Slows to Four-Month Low; Mixed Inflation Signals Emerge READ MORE Powell Signals Potential Rate Cuts Pending Inflation Control READ MORE Unexpected Dip in US Jobless Claims Signals Robust Labor Market READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment