Gold to remain firm next week as investors await fresh Fed cues, inflation data: Analysts
Gold to remain firm next week as investors await fresh Fed cues, inflation data: Analysts
NEW DELHI: (Jul 5) Gold prices are expected to remain firm next week as investors track key economic data from the US and other major economies for further clues on the Federal Reserve's interest rate trajectory.
Traders will closely watch US services PMI, trade data and weekly jobless claims, along with inflation figures from the Eurozone, China, Japan and Germany.
Any fresh geopolitical developments or movement in crude oil prices could increase volatility in precious metals, they added.
