13 days ago • Posted by Martin Boujol
Gold holds its gains awaiting for inflation report
Investors are awaiting for key U.S. inflation report later this week, looking for clues on when the Fed will start tapering its asset purchases. In the meantime, gold is holding on its around-$1900 price. Even if no alarming announcement arise, the demand for safe-haven such as gold is likely to increase, as global tax and inflation worry are increasingly dominant.
Source: Bloomberg, Yahoo Finance