Gold continues to struggle even in light of a strong decline in the U.S. dollar. Gold had respectable gains in New York trading today, but gave up those gains in Globex trading.

Yesterday the BLS released the September CPI inflation report which showed that inflation increased by 0.4% in September.

Today the BLS released the September CPI inflation report. The report showed that inflation increased by 0.4% in September which was higher than the forecasts from economists polled by Bloomberg and the Wall Street Journal.