Gold Price Analysis: Levels to watch as coronavirus panic grips markets
Gold has been trading around $1,650, stabilizing after several turbulent days that have sent the price of the precious metal to nearly $1.690 before a substantial correction.
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Gold: Consolidation with the Eyes on New Highs
The Gold price backtracked on Tuesday after a volatile session driven by coronavirus worries and its impact on the global economy, which encouraged Gold's visit of the 2013's highs, at $1,683.38 per ounce.
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USD/JPY extends its upside above 156.50 ahead of US CPI, Retail Sales data
The USD/JPY pair trades in positive territory for the fourth consecutive day near 156.55 on Wednesday during the Asian session. The uptick of the pair is bolstered by the speculation that the Federal Reserve might maintain rates higher for longer amid the elevated inflation.
Gold price trades with a mild positive bias, US CPI and PPI data loom
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