Gold Hits Record High Despite Positive US Retail Sales Data

Wednesday, 17 July 2024, 05:38

The price of gold reaches an unprecedented peak despite favorable US retail sales figures. Market analysis delves into the performance of XAU/USD, US Dollar Index Futures, and Gold Futures amidst a surge in the precious metal's value. Despite positive economic indicators, gold maintains its upward trajectory.
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Gold Hits Record High Despite Positive US Retail Sales Data

Gold Hits Record High

The price of gold achieves an all-time peak, surging despite positive US retail sales data.

Market Analysis Insights:

  • Key Players: XAU/USD, US Dollar Index Futures, Gold Futures
  • Market Trend: Gold maintains an upward trajectory
  • Performance: Despite strong economic indicators, gold continues to rise

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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