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Analyst: If core CPI exceeds expectations, it may be a risk event for gold
On February 12th, Jin10 Data reported that "gold previously hit a historical high, and the next batch of U.S. inflation data is about to be released, leading to some profit-taking pullback in the market. If the core CPI exceeds expectations, it could be a risk event for gold." Tim Waterer, Chief Market Analyst at KCM Trade, stated that the bullish trend in gold remains intact due to the uncertainty of the tariff situation and the resulting flow of safe-haven funds, which may continue to support the price of gold.