The precious metal gold traded flat on Friday despite being buoyed by stronger US economic data.
Gold initially eased closer to the $1,900 price level before rebounding to trade around $1,915 an ounce during the Asian session today.
US inflation proved warm again in August after producer price index (PPI) data rose to 0.7% year-on-year against expectations for a 0.4% increase.
Meanwhile, US retail sales were stronger, rising 0.6% last month, well above expectations for an increase of just 0.1%.
As a result, the market began to place the possibility that the Federal Reserve (Fed) will continue to raise interest rates to curb inflation.
Although markets expect the Fed to keep rates unchanged at next week's policy meeting, there is a 39% probability of a hike in November, according to FedWatch CME Tools.
The expectation will continue to put pressure on gold trading to remain traded weakly.
