Precious metals are losing a bit of steam amid a strengthening US Dollar (USD), TDS Senior Commodity Strategist Ryan McKay notes Economic data to influence appetite for Gold “Looking forward, traders are watching the data like hawks and a host of economic data this week could influence the macro cohort’s appetite for Gold (XAU/USD).” “The PCE data will be top of mind after the below consensus CPI and PPI data, and we look for the core segment to advance at its softest monthly pace of the year at 0.13%.
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