Gold eases as dollar holds firm after robust U.S. data
Wednesday, 17 July 2019 19:16 WIB | PRECIOUS METALS |GOLDEMAS Spot Emas

Gold slipped on Wednesday as the dollar held near a one-week high on the back of better-than-expected retail sales data from the United States, while investors waited for direction on interest rates from the U.S. Federal Reserve.

Spot gold fell 0.3% to $1,402.42 per ounce as of 11:31 GMT. Prices were on track for a third straight session of losses as robust U.S. data trimmed expectations of an aggressive interest rate cut by the Fed.

U.S. gold futures for August delivery shed 0.5% to $1,403.80.

Source : Reuters

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