Gold recovered above $5,055 per ounce on Wednesday, approaching a nearly two-week high. The move followed weak U.S. data, as December retail sales fell short of expectations, signaling a slowdown in consumer spending and heightening concerns about moderating economic growth.
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Gold recovered above $5,055 per ounce on Wednesday, approaching a nearly two-week high. The move followed weak U.S. data, as December retail sales fell short of expectations, signaling a slowdown in consumer spending and heightening concerns about moderating economic growth.