Gold Market Update

Gold prices slid for a second session on Thursday as a strong report on retail sales hit haven demand and helped U.S stocks.

Gold for February delivery GCG5, +0.06% fell $3.80, or 0.3%, to settle at $1,225.60 an ounce. March silver SIH5, +0.13% dropped 8 cents, or 0.4%, to settle at $17.11 an ounce.

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