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Gold prices continue to correct following the inflation data released in the United States. The inflation data being close to expectations, ongoing geopolitical tensions, and central banks maintaining their gold purchases are supporting demand for the precious metal. In particular, the strategy of central banks in China, India, and Russia to increase the proportion of gold in their reserves supports the price of gold in the long term. The US retail sales data to be released tomorrow will be decisive for the short-term direction of gold prices. Global economic uncertainties and inflation concerns are expected to lead investors to maintain their interest in gold as a safe haven, suggesting that positive pricing may continue in the long term.