Gold is likely to trade sideways

٣٠ أغسطس

Gold is likely to trade sideways or slightly lower, and could only see a sharp move when US inflation data is released, said David Meger, director of metals trading at High Ridge Futures.

Experts said that China's gold imports started to increase by 17% in July, marking the first increase since March, which is also good news and important support for the world gold market.