Gold advances minimally, still under $1,250
FXstreet.com (Chicago) – Gold continues stalled after strong plunge to 4-month lows and is offered at $1,242.50 extending parallel action despite small reaction on worse than expected US data consumer price indexes.
Offered at $1,242.50, gold prints lows at $1,241.00 and highs at $1,242.80 advancing 0.09% so far. Later US data, job market results, manufacturing performance and housing market facts may have a repercussion on the contract’s price.
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