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 Dollar's Surge Triggers Market Interventions as Asian Currencies Tumble READ MORE Fed Considers Careful Step Back from Quantitative Tightening READ MORE July Sees Growth in Gold and Silver Stocks in London Vaults READ MORE Chinese Central Bank kicks off New Round of Gold Accumulation READ MORE U.S. Recession Risk Drops to 20%, Goldman Sachs Reports READ MORE Add a Comment Cancel replyYour email address will not be published.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