Today’s AM fix was USD 1,293.75, EUR 943.17 and GBP 769.72 per ounce.
Yesterday’s AM fix was USD 1,303.75, EUR 953.73 and GBP 777.85 per ounce.
Gold fell $10.50 or 0.8% yesterday to $1,295.60/oz. Silver slipped $0.29 or 1.47% to $19.48/oz.
Gold consolidated just below $1,300 an ounce today after mixed economic data. U.S. inflation ticked higher as seen in the U.S. producer prices which recorded their largest increase in 1-1/2 years in April as food prices surged, in a potential sign inflation pressures may be creeping up.