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Gold Price Forecast: XAU/USD gains momentum to near $3,350 ahead of US CPI release
The Gold price (XAU/USD) gains ground to near $3,350 during the early Asian session on Tuesday. The precious metal edges higher amid safe-haven demand after US President Donald Trump threatened 100% Russia tariffs. All eyes will be on the US Consumer Price Index (CPI) inflation data, which is due later on Tuesday. Trump late Monday threatened to impose 100% tariffs on Russia if President Vladimir Putin does not agree to a deal to end his invasion of Ukraine in 50 days. The US President added that the levies would come in the form of secondary tariffs, without providing details. Geopolitical risks could boost the Gold ... (full story)
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- Jul 14, 2025 8:50pm Posted byFundamental Analysis367
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