Gold prices treading water just below $2,000 as U.S. consumer confidence falls to 101.3 in April
American consumer confidence index fell to 101.3 in April, down from March’s reading of 104, the U.S. Conference Board reported Tuesday. According to consensus estimates, economists were looking for a roughly unchanged reading.
The gold market is not seeing much reaction to the latest economic data as it trades around a critical psychological level. June gold futures last traded at $1,999.20 an ounce, roughly unchanged on the day.
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