Gold retreats from the vicinity of the $5,000 psychological mark, though sticks to its modest intraday gains in the European session. Traders now look forward to the release of the US consumer inflation figures for more cues about the Fed policy path. The outlook will play a key role in influencing the near-term US Dollar price dynamics and provide some meaningful impetus to the non-yielding bullion.
Source: https://www.fxstreet.com/news/india-fx-reserves-usd-fell-from-previous-72377b-to-71706b-in-february-2-202602131130
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