Gold prices fall on solid US retail sales data
The retail sales figures lowered expectations of a US Fed rate cut; silver hits more than four month high while platinum scales a two-month peak
16 July 2019 - 17:27
Bengaluru — Gold prices fell on Tuesday after better-than-expected US retail sales data lowered expectations of an interest rate cut by the US Federal Reserve and boosted the dollar.
Spot gold edged down 0.3% to $1,409.71 an ounce as of 2.15pm GMT. US gold futures slipped 0.1 % to $1,411.40 an ounce...
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