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Gold price slips as US Retail Sales beat expectations

Gold (XAU/USD) is experiencing a pullback in the European session on Thursday as traders digest US Retail Sales data and await further comments from Federal Reserve (Fed) officials. The yellow metal trades near $3,315 at the time of writing, losing almost 1% in the day.
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USD/JPY climbs as resilient Retail Sales beats estimates with Fed comments in focus

The US Dollar (USD) is gaining renewed momentum against the Japanese Yen (JPY), with central bank divergence continuing to serve as a key driver for the USD/JPY pair.
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