Gold, on a sideways trajectory with expectations that the Fed may start cutting asset purchases sooner.
Experts have reported that the growing number of cases of the new type of corona virus outbreak (Covid-19) is threatening the recovery of the global economy and the hawkishness of central banks around the world in the face of mounting inflationary pressures is causing difficulties in pricing.
CURRENT GOLD PRICES
Stating that directional research in the markets continues, experts said that this week, industrial production around the world and inflation data to be announced in the United States are at the center of investor concerns.
Experts said developments between the US and China and news about the US debt limit could also increase volatility in the markets, and said that technically the level of $ 1,770 in an ounce of gold is support and $ 1,810 is resistance. .
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