"The last CPI print has driven the rally in the markets. With inflation turning over, is a 50 BPS rate hike more likely than 75 BPS? However, there will be disagreement among the Fed speakers. Inflationary pressures and geopolitical uncertainty with China and Russia/Ukraine could cause the price of gold to break out. Gold price continues to rally as the U.S. Dollar falls," says Zayn Kalyan.
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04 Dec 2022
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