Gold firms as weak retail sales data hurt US dollar, yields - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Friday, 14 May 2021

Gold firms as weak retail sales data hurt US dollar, yields

"After a long period of (data) beating expectations, it's quite likely we're going to maybe have some disappointments like we did today, or with the payrolls (data). And that could ultimately move the yield curve lower and help gold," said Bart Melek, head of commodity strategies at TD Securities.

from Commodities-Markets-Economic Times
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