On Thursday Gold dropped while the greenback recovered some of its losses due to Brexit uncertainty although the yellow metal continued to be close to a 14-day top hit in the previous session. What supported the previous movement was strong U.S. inflation data that strengthened expectations that the FED is probably going to continue with the current rates. U.S. gold futures fell 0.4%, to $1,304.09 an ounce.
The Spot gold fell 0.4% to $1,303.80 per ounce after touching its highest level since the beginning of the month at $1,311.06.
UK parliament rejected a no deal Brexit
Daily Analysis - 14/03/2019