Today (12 Dec 2024) on the website "Hua Seng Heng", an overview of the past movements, gold prices have seen profit-taking selling pressure, causing the price of gold to adjust down slightly. However, investors are still waiting for PPI inflation data amid expectations that the Fed will cut interest rates next week. The price of gold is still moving near its highest level in a month due to continued support from the downward trend in interest rates, geopolitical tensions, and the Chinese central bank returning to buying gold.
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