United States Producer Price Index ex Food & Energy (MoM) registered at 0%, below expectations (0.1%) in February

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Mar 15, 2016

Gold on the back foot ahead of US data release

Recovery off lows failed to translate into daily gains and now gold trades moderately weak on the day around $1230/Oz ahead of the US advance retail sales release.

United States Producer Price Index ex Food & Energy (MoM) registered at 0%, below expectations (0.1%) in February

Gold on the back foot ahead of US data release

United States Retail Sales ex Autos (MoM) below expectations (0.1%) in February: Actual (-0.1%)