World gold prices are trading in slight red after falling about 22 USD/ounce yesterday, currently fluctuating around 2,314 USD/ounce. The world gold market was relatively quiet at the beginning of this week due to the lack of important economic data and events. Experts say that XAU/USD fluctuates in a narrow range because investors are cautious ahead of the release of US inflation data later this week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.