betiforexcom (betiforexcom) wrote,
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betiforexcom

Gold Jumps as Strong CPI and Weak Retail Sales Spook Markets

Gold prices have posted strong gains in Wednesday’s North American session. Currently, the spot price for an ounce of gold is $1348.04, up 1.41% on the day. On the release front, January consumer inflation beat expectations. CPI jumped 0.5%, above the estimate of 0.3%. Core CPI remained steady at 0.3%, edging above the forecast of…
http://betiforex.com/gold-jumps-as-strong-cpi-and-weak-retail-sales-spook-markets/
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