Gold rallies to session high $4,387/oz after retail sales drop -0.6% in July

Kitco08-14

(Kitco News) - The gold market is rallying after the latest data showed American consumers’ spending declining more than expected last month.U.S. retail sales fell -0.6% in July following an unrevised...

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The gold market is rallying after the latest data showed American consumers’ spending declining more than expected last month.U.S. retail sales fell -0.6% in July following an unrevised...</p>\n\n<a href=\"https://www.kitco.com/news/article/2026-08-14/gold-rallies-session-high-4387oz-after-retail-sales-drop-06-july\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VCRPF","symbol_name":"Vanguard Funds PLC","start_time":0,"source_url":"https://www.kitco.com/news/article/2026-08-14/gold-rallies-session-high-4387oz-after-retail-sales-drop-06-july","article_id":"2659878144","we_media_id":null,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/news/article/2026-08-14/gold-rallies-session-high-4387oz-after-retail-sales-drop-06-july","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2659878144","pubTimestamp":1786681800,"columns":[],"sourceInfo":{"source_id":"kitco_highlight","name":"Kitco"},"weMediaInfo":null,"summary":" - The gold market israllying after the latest data showed American consumers’ spendingdeclining morethan expected last month.U.S. retail salesfell -0.6% in July following an unrevised reading of 0.2% in June, the U.S. Commerce Department announced on Friday.The data wasfar worsethan expectations, as the consensus of economists projected a 0.1%increasein July’s headline number.In annual terms, retail sales increased 5.0%, the report said, against expectations for a 6.0% rise and following June’sunrevised6.7% increase.Core sales, which strip out vehicle sales, fell -0.3% in July, well below the consensus for a 0.2% gain, and following June’s unrevised -0.2% print.Spot gold shot to a session high of $4,387 in the moments after the release, and last traded at $4,380.88 for a gain of 0.68% on the session.","collect":0,"end_time":0,"defaultTopTitle":"kitco.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VCRPF":"Vanguard Funds PLC","RKNG":"Defiance Retail Kings ETF","RAYC":"Rayliant Quantamental China Equity ETF","XLY":"消费品指数ETF-SPDR可选消费品","VCR":"可选消费ETF-Vanguard","RETL":"Direxion Daily Retail Bull 3X Shares","ACSI":"American Customer Satisfaction ETF","EBIZ":"Global X E-commerce ETF","RSPD":"Invesco S&P 500 Equal Weight Consumer Discretionary ETF","TRUD":"VanEck Consumer Discretionary TruSector ETF","PEZ":"Invesco Dorsey Wright Consumer Cyclicals Momentum ETF","WANT":"Direxion Daily Consumer Discretionary Bull 3x Shares","IEDI":"iShares U.S. Consumer Focused ETF","ONLN":"ProShares Online Retail ETF","UCC":"ProShares Ultra Consumer Discretionary","FDIS":"Fidelity MSCI Consumer Discretionary Index ETF","DVXY":"WEBs Defined Volatility XLY ETF","CLIX":"ProShares Long Online/Short Stores ETF"},"translate_title":"7 月份零售额下降 -0.6% 后，金价反弹至盘中高点 4,387 美元/盎司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ONLN":1.5,"FDIS":1.5,"TRUD":1.5,"VCRPF":1.5,"IEDI":1.5,"CLIX":1.5,"RKNG":1.5,"VCR":1.5,"WANT":1.5,"XLY":1.5,"UCC":1.5,"DVXY":1.5,"ACSI":1.5,"RAYC":1.5,"PEZ":1.5,"RSPD":1.5,"EBIZ":1.5,"RETL":1.5},"content_text":"(Kitco News) - The gold market is rallying after the latest data showed American consumers’ spending declining more than expected last month.U.S. retail sales fell -0.6% in July following an unrevised reading of 0.2% in June, the U.S. Commerce Department announced on Friday. The data was far worse than expectations, as the consensus of economists projected a 0.1% increase in July’s headline number. In annual terms, retail sales increased 5.0%, the report said, against expectations for a 6.0% rise and following June’s unrevised 6.7% increase.Core sales, which strip out vehicle sales, fell -0.3% in July, well below the consensus for a 0.2% gain, and following June’s unrevised -0.2% print. Spot gold shot to a session high of $4,387 in the moments after the release, and last traded at $4,380.88 for a gain of 0.68% on the session.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2659878144","isCrawlerRequest":true}