The price of gold will fall for the first time in six weeks, as investors will end their profits after several months of rising gold prices. Since the low in mid-February, the price of gold has risen by about 17%. Although expectations of the Federal Reserve's relaxation policy are weakening, the price of gold has repeatedly reached new highs. The latest inflation data released on Friday reinforces the view that high interest rates will be maintained for the time being. “It should be noted that traders are digesting better-than-expected data, which is why today's gold price has had a very limited response to rising inflation and data.” Bart Melek, global head of commodity strategy at TD Securities, said. He said that once the US economic data unexpectedly declines, investors should be interested in Western gold, and it “would be reasonable” for the gold price to rise to 2,500 US dollars or higher.