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Today''s Economic Data:
"Prelim UoM Consumer Sentiment"
Actual:72.0
Forecast:73.5
Previous:73.2
*Data Negative for Dollar
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Analysis: Gold prices expected to remain weak in near term on risk aversion & strength of US Dollar against major currencies.
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Index:
G:$1586.46(-0.17%)
S:$27.30(-0.39%)
Cr:84.81(-1.37%)
$:55.79(-0.11%)
E:1.229(-0.24%)
Y:79.54(-0.07%)
P:1.551(-0.13%)
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20 Analysts Survey about Next Week Gold:
7 Forecast Rise.
11 Said Fall.
2 Member Neutral.
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Today's Economic Data:
"ISM Non-Manufacturing PMI"
Actual:52.1
Forecast:53.1
Previous:53.7
*Data Negative for Dollar
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Crude inventories expected to decline by 1.9 MB & Gasoline stocks expected to rise by 0.6 MB & distillate stocks also expected to gain by 0.6 MB