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Gold is back to soar and recorded a new all-time high
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[QUOTE="FXOchartist, post: 344000, member: 90221"] Gold prices soared and reached a new all-time high yesterday. The price has formed a new all-time high at $2379 before rebounding to $2376. On Wednesday the CPI data provided support for the strengthening of the dollar where the actual value of the CPI was 0.04% higher than the expected value of 0.03%. After the CPI was released, many USD pairs weakened against the US dollar, including gold which fell to $2319 from $2360. However, the strengthening of the USD did not seem to last long, because the price of gold then soared to a record new all-time high once again. The price of gold is back to recording a new all-time high throughout 2024 at $2379. [img]https://i.imgur.com/2pBtpxp.png[/img] [/QUOTE]
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Gold is back to soar and recorded a new all-time high
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