On the first day of last week, gold was down. But it changed direction by Wednesday and bounced back.
This week too there was a lot in store for gold-
The GDP for leading economies including Japan, Germany, and Great Britain
The U.S PPI, retail sales, industrial production JOLTS, jobless claims and consumer sentiment reports .
Germany’s economic sentiment and GB’s inflation report.
Gold for the month of July was up by over 2 per cent mainly due to the escalating global tensions and the lower than expected US data
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