Gold Slips On Strong U.S. Data – 15 August, 2019
Gold prices rose as the worlds two biggest economies continue to butt heads over trade tariffs, though strong U.S. retail data capped the precious metals gains. December gold futures were last trading 0.42% lower for the day settling at $1,521.50 per ounce after reaching $1,530.10 in earlier trading. U.S. retail sales rose 0.7% in July, which stopped gold prices in their tracks, but kept the precious metals prices at their highest in six years.