Gold fell on Thursday, breaking ranks with the euro and equities as tame US inflation data prompted bullion investors to take profits after a three-day rally pushed prices to their highest levels since mid-December. Bullion was one of the few losers among the higher commodities complex after US data showed the consumer price index was unchanged in December and core CPI inched up only 0.1 percent.
Spot gold was down 0.5 percent at $1,651.79 an ounce by 3:20 pm EST (2020 GMT), having earlier peaked at $1,669.75, its highest since December 13. US gold futures for February delivery settled down $5.40 at $1,654.50 an ounce. Trading volume was in line with 30-day average but it was also set to be the lowest turnover since January 3. Silver eased 0.1 percent to $30.46 an ounce. Spot platinum was up 0.2 percent at $1,514.74 an ounce, while spot palladium was up 1.5 percent at $674 an ounce.
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