Gold Continues Lower; Euro Drops Amid US PPI Impact

Friday, 14 June 2024, 06:45

In the market overview analysis by Octa, the price of gold remains on a downward trend while the Euro faces pressure due to weaker US PPI data. The report covers the EUR/USD and XAU/USD currency pairs, as well as US Dollar Index and Gold Futures. Octa's article on Investing.com details these ongoing market movements.
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Gold Continues Lower; Euro Drops Amid US PPI Impact

Gold Price Decline:

In the analysis, the price of gold continues its descent, reflecting market sentiment.

Euro Weakens:

The Euro is experiencing a decline in value following the release of softer US PPI data.

  • EUR/USD and XAU/USD impacted
  • US Dollar Index and Gold Futures affected

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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