Gold bounces from two-week lows, holding recovery gains at $1340

Gold extended its retracement from a two-week low level of $1327 touched earlier during Asian trading session and rose to $1344 before retracing a bit
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United States Import Price Index (MoM) came in at 0.2%, below expectations (0.5%) in June

United States Import Price Index (MoM) came in at 0.2%, below expectations (0.5%) in June
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