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 Gold Hits Week-High as Investors Eye Fed's Next Move READ MORE Fed's Schmid Advocates Caution as Inflation Nears Target READ MORE "Is It Too Late To Buy Gold & Silver? NO. YOU AIN'T SEEN NOTHIN' YET" – Mike Maloney READ MORE Concerns Over Yen's Decline Prompt Japan to Consider Market Actions READ MORE Yield Curve's Predictive Power in Question as Economic Growth Continues READ MORE Add a Comment Cancel replyYour email address will not be published.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