Gold Prices Face Potential Risk With Upcoming U.S. Inflation Data

According to Odaily, gold recently reached a historic high, and with the upcoming release of U.S. inflation data, the market is experiencing some profit-taking. KCM Trade's Chief Market Analyst, Tim Waterer, noted that if the core CPI exceeds expectations, it could pose a risk event for gold. Despite this, the bullish trend remains intact due to uncertainties surrounding tariff situations and the resulting safe-haven capital flows, which may continue to support gold prices.