Gold price continues to trade in a sideways trend, ahead of Wednesday’s crunch CPI data. The market prediction is for a slight increase in core consumer inflation from 0.1% to 0.2%, while the headline figure remains static at 0.3%. Rising inflation has been the deciding factor that has set up the potential commencement of tapering in November. The markets are still pricing in this date despite a softer-than-expected jobs number for September. Fed policymaker and Atlanta Federal Reserve President Raphael Bostic was quoted in a Financial Times interview saying that the US labour market had made sufficient progress to ... (full story)