Gold Pulls Back to $5,020 as Nikkei Futures Rally on Easing US Inflation

Key TakeawaysGold prices retreated to $5,020 per ounce as traders engaged in profit-taking following the release of mild US inflation figures.Nikkei 225 futures jumped 1.0% in early Monday trade, extending a historic rally for Japanese equities amid domestic political stability.US Consumer Price Index (CPI) rose just 0.2% in January, easing market fears of further aggressive interest rate hikes by the Federal Reserve.10-year Japanese Government Bond (JGB) futures rose 0.07 point, reflecting a slight cooling ...