(Kitco News) – The gold market is golding steady after the latest data showed American consumers’ spending growth improving in line with expectations last month.U.S. retail sales rose 0.5% last month following a reading of 0.6% in June, the U.S. Commerce Department announced on Friday. The data were in line with expectations, as the consensus of economists projected a 0.5% increase in July’s headline number. In the last 12 months, retail sales increased 3.9%, the report said, against expectations for a 3.5% increase and following June’s 4.4% increase.
