Gold (XAU/USD) experienced a rebound on Thursday, recovering from earlier losses as US inflation data fell short of market expectations. This unexpected dip in inflation figures has shifted market sentiment, with XAU/USD trading at approximately $4,337, testing the upper boundary of its recent trading range established throughout the week.
The weaker-than-anticipated CPI data has led traders to reassess their positions in the currency pair, prompting a surge in gold's exchange rate against the USD. As investors seek safe-haven assets amid inflation concerns, the implications for the broader market could influence trading strategies, particularly in relation to other currencies like the EUR and their respective exchange rates against the greenback.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 14:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.