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TradingKey - As of the Asian session on October 12, gold prices (XAUUSD) consolidated at elevated levels following a sharp rebound last week. As of press time, gold edged down 0.2%, trading near $4,185, after touching an intraday high of $4,217.22, its highest level since October 2. Gold had dropped to near $4,066…
Gold and silver recover ahead of US CPI, but a strong dollar and December Fed rate hike risks could limit further gains.
Bitcoin (BTC) starts the third week of October by defending support at $82,500 ahead of key US inflation data.Key points:Markets see September inflation creeping higherUS inflation data is in traders’ crosshairs this week ahead of the Federal Open Market Committee’s Oct. 28 meeting on interest-rate…