The decline in gold prices has not stopped yet
Hello everyone, let's learn about the gold market today with Karina!
Today's gold price is still in a downtrend with the price sometimes dropping to 2020 USD, but there has been a slight recovery and trading around 2027 USD at the time of writing.
In the context of the market waiting for the US to announce the Consumer Price Index (CPI) in December 2023, this index is expected to reach an annual increase of 3.2%, 0.1 percentage point higher than the level 3. .1% previously. However, core CPI after excluding food and energy prices is expected to decrease from 4% to 3.8%.
In response to this information, US stocks increased quite sharply, causing financial investors to focus capital on stocks. As a result, very little money flows into precious metals. The decline in gold prices today has not stopped, which is understandable.
Today's gold price is still in a downtrend with the price sometimes dropping to 2020 USD, but there has been a slight recovery and trading around 2027 USD at the time of writing.
In the context of the market waiting for the US to announce the Consumer Price Index (CPI) in December 2023, this index is expected to reach an annual increase of 3.2%, 0.1 percentage point higher than the level 3. .1% previously. However, core CPI after excluding food and energy prices is expected to decrease from 4% to 3.8%.
In response to this information, US stocks increased quite sharply, causing financial investors to focus capital on stocks. As a result, very little money flows into precious metals. The decline in gold prices today has not stopped, which is understandable.
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