reak above the psychological resistance of $2,000.00 on Tuesday after the release of weak Job Openings data confirmed that the
Investors will keep an eye on oil prices, as the only measure, which could impact the upside rally in the Gold price. Higher oil prices would stimulate global inflation as factory owners would pass on the impact of costly oil to end users. This could trigger some recovery in expectations for the continuation of a policy-tightening spell by the Fed.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: