Germany Producer Price Index (YoY) below expectations (-1.3%) in June: Actual (-1.4%)

FXStreet.com (Barcelona) For more information, read our latest forex news.

Jul 20, 2015

Gold bulls demoralized, consolidates around USD 1100/Oz

Gold bulls suffered a knockout blow after prices plunged to a five year low of USD 1071.28/Oz, before paring back some losses to trade just above USD 1100/Oz.

Germany Producer Price Index (YoY) below expectations (-1.3%) in June: Actual (-1.4%)

Gold bulls demoralized, consolidates around USD 1100/Oz

Germany Producer Price Index (MoM) came in at -0.1%, below expectations (0%) in June