Italy Producer Price Index (YoY) up to 6.8% in April from previous 4.2%

Italy Producer Price Index (YoY) up to 6.8% in April from previous 4.2%
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Gold Price Forecast: Trades near two-month low ahead of US PCE Inflation data

Gold price (XAU/USD) trades 1.43% lower to near $4,390 during the European trading session on Thursday, close to its fresh two-month low of $4.366.56 posted earlier in the day. The precious metal faces intense selling pressure as renewed Middle East crisis have prompted oil prices.
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