Live Spot Gold
Bid/Ask
3,219.703,221.70
Low/High
3,120.603,223.20
Change
+43.60+1.37%
30daychg
+0.70+0.02%
1yearchg
+836.20+35.08%
Silver Price & PGMs
(Kitco News – , Thurs. May 15th, 2025) – The gold market is trading near session highs after the latest data showed American consumers’ spending growth was slightly better than expected last month.
U.S. retail sales rose 0.1% in April, following a revised increase of 1.7% in March, the U.S. Commerce Department announced on Thursday. The data was better than expectations, as economists’ consensus calls projected a flat 0.0% reading for April’s headline number.
In the last 12 months, retail sales increased 5.2%, the report said, against expectations for a 1.1% increase and following March’s upwardly revised 45.2% increase.
Core sales, which strip out vehicle sales, were up 0.1% last month, below the consensus call for a 0.3% increase, and compared to March’s revised 0.8% print.
Spot gold last traded at $3,186.04 per ounce for a gain of 0.27% on the session.
Posted by:
Jack Dempsey, President
401 Gold Consultants LLC
jdemp2003@gmail.com