Gold Price Vulnerable After Failing to Defend Monthly Opening Range

The price of gold may struggle to retain the rebound from the yearly low ($1615) as it fails to defend the opening range for October.

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Australia PPI for Q4 2021: +1.3% q/q (expected 0.3% q/q)

PPI for Q4 2021+1.3% q/q expected 0.3% q/q, prior 1.1%+3.7% y/yand expected 2.7% y/y, prior 2.9%

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Vehicle rams into two Capitol police officers

Suspect is in custody Two police officers and suspect taken to the hospital. Car did not get too far , but suspect brandished a knife after crash.  It is being…

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Australia data: Q3 wages +0.1% q/q and +1.4% y/y

Wage price Index for Q3 2020 +0.1% q/q – expected 0.2% q/q, prior 0.2% – expected 1.5% y/y, prior 1.8%

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