The market is interested in some economic news that affects gold such as the core PCE price index report for May, June consumer confidence index, May home sales,... Experts think gold will increase, 5 experts predict a decrease and 4 choose to move sideways. Gold appears to be in for the summer doldrums, but more volatility is still possible. USD remains high, interest rates increase, which may put pressure on gold.
The market is concerned about the election and interest rates in Europe. According to experts, basically political instability is still beneficial for gold but it will take a while longer.
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