Gold stays defensive above $4,600 on Thursday after hitting a fresh record high of $4,643 in the previous session. The non-interest-bearing Gold pulls back as a stronger-than-expected United States Producer Price Index and Retail Sales helped price out a Fed rate cut in the coming months, keeping the US Dollar underpinned ahead of the US economic data.
Source: https://www.fxstreet.com/news/eurozone-industrial-production-wda-yoy-came-in-at-25-above-forecasts-2-in-november-202601151000
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