COMEX Gold is steadying near a one month high above $2700 mark, benefiting from dollar pullback amidst recent streak of data from US. Data showed retail sales came in below expectations, although it still indicated strong consumer spending. US treasury yields have eased from recent highs and taken dollar lower alongside below 109 mark amid rekindled hopes that the Federal Reserve may cut more rates this year. Nevertheless, potential tariffs from the incoming President elect could stroke inflation and reverse stance. Currently, the yellow metal is quoting at $2747.20 an ounce, down 0.13% on the day.

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