Gold Price Targets $4,500 as GLD ETF Inflows Soar Ahead of US Inflation Data
Gold price is rising and approaching the important resistance level of $4,500 as investors rotated to GLD ETF ahead of US inflation data
Gold prices are climbing higher, and more people are buying a gold investment called GLD because they're worried about what the US inflation numbers might show. When people move their money into gold, it can mean they're feeling nervous about the economy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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