Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range 📅 Published on: February 9, 2024 Analysts at Commerzbank are not optimistic about a sudden shift towards rapid interest rate cuts, even if the inflation data comes in lower than expected. They believe that without a significant surprise in the inflation figures, gold is unlikely to break out of its current trading range, which lies between slightly over $2,050 and $2,000. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Asset that Soared 100X Past Gold READ MORE February Sees First Drop in Consumer Confidence Since November, Signaling Economic Unease READ MORE US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch Reports READ MORE Gold Bars Bullion Investment – Understanding Weights & Where to Buy in Canada READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment