Gold Calm Ahead of Inflation, Consumer Confidence Numbers

Gold is listless on Friday, continuing this week's trend of very little activity. The spot price stands at $1312.00 per ounce in the European session. It's a busy day on the event calendar, led by two key releases on the calendar - PPI and UoM Consumer Sentiment. The markets are bracing for a soft PPI, while Consumer Sentiment is expected to post another strong reading. Gold prices remain above the key $1300 level, as the world keeps a close and worried eye on events in Ukraine and the Middle



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