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Italy Producer Price Index (YoY): -1.4% (December) vs previous -0.2%

Italy Producer Price Index (YoY): -1.4% (December) vs previous -0.2%
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Gold Price Forecast: XAU/USD corrects lower with $5,000 on the bears focus 

Gold’s (XAU/USD) rally came to an abrupt halt on Thursday. The precious metal dropped nearly 10% in less than 24 hours and is trading around $5,080 at the time of writing, with the $5,000 psychological level at a short distance.
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