Gold sticks to modest intraday gains through the early European session, reversing a major part of the previous day’s heavy losses of more than 2%, to the $4,843-4,842 region or a nearly two-week low. That said, the fundamental backdrop warrants caution for bulls ahead of the FOMC Minutes, which will look for more cues about the US Federal Reserve’s rate-cut path.
Source: https://www.fxstreet.com/news/united-kingdom-ppi-core-output-yoy-nsa-fell-from-previous-32-to-29-in-january-202602180700
