Analyst: Gold price remains stable, market focuses on inflation.

The price of gold has not changed much in the future market, being pressured by the strong US dollar and inflation concerns caused by the ongoing conflict in the Middle East. New York gold futures fell 1.2% to $5,093.30 per ounce. From a data perspective, market attention has now turned to the upcoming US inflation data, with the Consumer Price Index scheduled for release on Wednesday and the Personal Consumption Expenditures Price Index data on Friday. Fawad Razaqzada, a market analyst at Forex.com, said, "If inflation data for February is higher than expected, then given the energy shock, this result will strengthen the view that the Fed may delay cutting interest rates."