Gold Holds Ground Above $2,512 Amid Mixed Economic Signals Gold prices are maintaining a bullish trend above $2,512 despite headwinds from rising US Treasury yields and a strong US Dollar. The recent CPI report showing cooling inflation has increased expectations of a modest 25-basis-point rate cut by the Federal Reserve. While gold faces resistance at $2,539, it could potentially rally to $2,548 if momentum persists. However, shifting risk sentiment and China’s economic challenges may limit gold’s upside. The market remains sensitive to upcoming economic data and Fed decisions, with gold’s resilience reflecting underlying economic uncertainties. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China’s Gen Z Gives Gold a Boost READ MORE De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin READ MORE Silver: "It's Time To BUCKLE UP" READ MORE Powell Cautious on Rate Cuts, Sees Longer Path to Inflation Target READ MORE Insider Alert: Mike’s Made Two Changes to His Portfolio READ MORE Add a Comment Cancel replyYour email address will not be published.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