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
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