- US Q4 GDP revised lower, inflation indicators revised higher.
- Jobless Claims, Chicago Fed Activity surpassed expectations.
- Gold’s rebound fails to rise above $1,830.
Gold prices rebounded after hitting fresh monthly lows amid risk appetite and an intraday reversal of the US Dollar. XAU/USD bottomed at $1,817 following the release of US economic data, the lowest level since late December and then bounced back toward the $1,830 area.
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