Gold is likely to trade sideways
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.
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.
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