Gold is seen consolidating below the all-time peak, touched the previous day, and the $4,600 mark during the Asian session on Tuesday as traders opt to wait for the release of the latest US consumer inflation figures. The crucial data might offer more cues about the US Federal Reserve’s rate-cut path, which, in turn, will influence the near-term US Dollar price dynamics and provide a fresh directional impetus to the non-yielding yellow metal.
Source: https://www.fxstreet.com/news/netherlands-the-consumer-price-index-nsa-yoy-declined-to-28-in-december-from-previous-29-202601130530
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