BofA drops blunt warning about Fed rate cuts
BofA drops blunt warning about Fed rate cuts
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BofA drops blunt warning about Fed rate cuts
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Join Telegram channelGold steady as markets assess MidEast tensions ahead of US inflation data
Gold Price Forecast: XAU/USD awaits US CPI inflation for fresh impetus amid US-Iran impasse
Gold prices rose due to increased US-Iran tensions clouding the Strait of Hormuz.
Forthcoming CPI data may reignite inflation concerns, potentially leading to a short-term correction in the heated US stock market.
The CPI report for April is tomorrow. Here's a look further ahead.
Iran has executed 29-year-old aerospace engineer Erfan Shakourzadeh on Monday on espionage charges despite his protestations that authorities tortured him into giving a false confession.