How does gold price move today? What should be recorded?
Hello everyone! Today, the gold market continues to trade below $1910. It seems that gold is moving without much momentum as it has dropped about $5 compared to the previous trading session.
The main reason for the decline in gold may come from higher-than-expected consumer price index (CPI) last month. In August, the CPI in the United States increased by 3.7% compared to the same period last year, and core CPI increased by 4.3% during that time, putting pressure on this precious metal.
The main reason for the decline in gold may come from higher-than-expected consumer price index (CPI) last month. In August, the CPI in the United States increased by 3.7% compared to the same period last year, and core CPI increased by 4.3% during that time, putting pressure on this precious metal.
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Gold has dropped to the price range of 1905 USD
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After many consecutive days of decline, today's world gold price has increased again when US economic data improves, the European Central Bank (ECB) may stop raising interest rates.
