Gold Approaches Resistance Levels
Gold prices have risen for the second consecutive session, reaching the resistance level of $2,684 per ounce, which remains stable at the time of writing. This rise comes amid cautious anticipation in the gold bullion market ahead of the U.S. inflation data release. Investors are closely watching how these figures will affect future policies of the U.S. Federal Reserve under Trump’s leadership, as his upcoming presidency may be associated with higher inflation rates, which would have a direct impact on precious metal markets.
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