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Gold Price Forecast: XAU/USD awaits US CPI inflation for fresh impetus amid US-Iran impasse

Gold Price Forecast: XAU/USD awaits US CPI inflation for fresh impetus amid US-Iran impasse
Gold has entered a phase of upside consolidation above the $4,700 level on Tuesday, having reached its highest levels in three weeks at around $4,775 in the early Asian hours. Gold bulls now await the US Consumer Price Index (CPI) data for the next push higher.

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