Gold price (XAU/USD) recovery stalls on Wednesday as investors shift focus to the United States inflation data for December, which will be released on Thursday.
The US Dollar (USD) trades in a tight range with markets fretting over the upcoming US inflation numbers. Traders will want to stay out of the market ahead of the main event on Thursday when the US inflation will be printed in the form of the
The major U.S. index futures are currently pointing to a moderately higher open on Monday, with stocks likely to add to the strong gains posted last week. The markets may continue to benefit from recent upward momentum, which has propelled the Dow to new record highs.
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