Gold Climbs Back Above $2,000 as U.S. Retail Sales Falter Gold surpassed the $2,000 mark, following disappointing U.S. retail sales figures that led to a decrease in the dollar value and Treasury yields. This turnaround in the market has been a positive development for investors in gold, with the price of spot gold reaching an intraday high of $2,008.18 per ounce. Despite a slight pullback, gold managed to maintain its position above the $2,000 threshold in a fluctuating market environment. The upcoming release of the U.S. Producer Price Index (PPI) is eagerly awaited, as it is expected to shed light on the current state of inflation and potentially influence future interest rate decisions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Hits Three-Week High as Cooling Inflation Fuels Fed Rate Cut Hopes READ MORE London Gold Price Benchmark Hits All-Time High at Morning Auction, LBMA Says READ MORE Gold Poised for Stellar Rise Amid Central Bank Buying and Fed Rate Cuts READ MORE South African Platinum Industry Could Face 'Irreversible Decline' READ MORE UBS Forecasts Commodity Rally Driven by Strong Fundamentals READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment