The Conference Board said on Tuesday its consumer confidence index fell to 102.6. this month, compared to September’s revised reading of 104.30. However, the data was slightly better-than-expected as consensus estimates looked for a decline to 100.5.
The gold market continues to ignore solid economic data as safe-haven demand, due to geopolitical instability, drives momentum in the marketplace. December gold futures last traded at $2,009.70 an ounce, up 0.20% on the day.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: