Gold fell 0.3% to $4,157.90 before September inflation report

Gold fell 0.3% to $4,157.90 before September inflation report

Spot gold fell 0.3% to $4,157.90 per ounce on Oct. 13, Reuters reported, with December futures down 0.3% to $4,177.30. Traders were waiting on the September Consumer Price Index, the inflation gauge, scheduled by the Bureau of Labor Statistics for Oct. 14 at 8:30 a.m. ET. I see this as de-risking, not conviction selling.

Published

Read at another depth