Bullish sentiment helps propel CME Gold to 0.12% gain

A quick look at yesterday: Gold ended Thursday at $1,943.7. yesterday it went up to $1,957 only to drop back, yet still managed to close at $1,946 per ounce.

Uptick comes while some more positive signs for Gold are out as highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

Gold reached a significant high of $2,058.7 around 23 days ago but has lost 5.59% since then.