South Africa Retail Sales (YoY) dipped from previous 2.3% to 1.6% in June

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Gold climbs back above $4,350 during the first half of the European session, reversing a part of the previous day’s heavy losses. The US Dollar attracts some sellers, and for now seems to have stalled this week’s goodish recovery from a two-month low, which is seen as a key factor supporting the commodity. Bulls, however, might opt to wait for more cues about the US Federal Reserve’s future policy path before placing fresh directional bets on the non-yielding yellow metal.

Source: https://www.fxstreet.com/news/south-africa-retail-sales-yoy-dipped-from-previous-23-to-16-in-june-202608191100



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