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Gold Price Forecast: Bullish Surge as US Inflation Softens and Rate Cut Hopes Rise

The GOLD  ,market (XAU/USD) has maintained its bullish momentum, consistently trading above $2,050. Recent data from the US Bureau of Economic Analysis, which showed a less pronounced rise in the core Personal Consumption Expenditure (PCE) price index for November, are largely responsible for this positive trend. The monthly core PCE index reported a modest increase of…

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