Gold prices surged to $4,340.98 per ounce on September 14, 2026, after strong consumer demand drove U.S. retail sales up 1.2 percent in August.
The growth exceeded economic expectations, surpassing a predicted 0.8 percent rise for the month.
On an annual basis, total retail sales expanded by 6.0 percent in August, outperforming consensus forecasts of 4.7 percent and advancing from July's unrevised 5.0 percent figure.
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