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Gold Rally Faces Doubts as Inflation Keeps Fed Rate Cut Bets Under Pressure
FORECASTSJUL 12, 2026
Gold Rally Faces Doubts as Inflation Keeps Fed Rate Cut Bets Under Pressure
Gold remains caught between its long term inflation hedge reputation and the short term pressure created by Federal Reserve policy expectations. With inflation indicators still above the Fed target, traders are cautious about expecting a durable rebound in XAUUSD.