Gold prices are trading in today’s European session above 2310 levels.
Gold prices stayed steady as market participants awaited U.S. data and Federal Reserve comments for clarity on interest rate cuts.
Key U.S. retail sales data is due later, with jobless claims and purchasing managers' indexes to follow. Recent data showed a moderation in the labour market and price pressures.
Philadelphia Fed President Patrick Harker supports a single rate cut but is open to change based on new data. Several Fed officials, including Austan Goolsbee and Thomas Barkin, will speak later in the day.
