Gold Prices Pull Back On Strong U.S. Retail Sales
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(Kitco News) - Gold and silver prices are weaker in early U.S. trading Thursday. Some upbeat U.S. economic data has put some added downside pressure on the metals. The markets are also pausing to see how early trading unfolds in the U.S. stock market, following overnight developments on the U.S.-China trade war front. There is a big batch of U.S. economic data to be released today. December gold futures were last down $3.20 an ounce at 1,524.60. September Comex silver prices were last down $0.11 at $17.17 an ounce.
The just-released U.S. retail sales report for July showed gained 0.7%, which was more t ...