Gold trims a part of its intraday losses, though it retains its negative bias through the first half of the European session on Wednesday and remains well below the $4,500 psychological mark. As investors digest the recent US attack on Venezuela, the underlying bullish sentiment turns out to be a key factor that prompted some profit-taking around the precious metal.
Source: https://www.fxstreet.com/news/eurozone-core-harmonized-index-of-consumer-prices-yoy-below-expectations-24-in-december-actual-23-202601071000
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