Analysis of today's market

On Thursday, gold remained below its opening price for the fifth consecutive day, suppressed by the dollar's fifth straight day of gains. A slightly hotter inflation report and solid employment data from the US pushed gold towards its 100-day simple moving average. At the time of writing, gold was trading at $2,568.

There was a negative shift in market sentiment, but it failed to boost gold prices. The Bureau of Labor Statistics revealed that the Producer Price Index rose in October, surpassing estimates and the previous month's figures.

Gold opened at around 2564 and rose to around 2568 at the highest and around 2564 at the lowest before press time.Pay attention to the resistance of 2580-2590-2600 If it fails to break through, it will test 2540-2530-2520