Gold prices near session highs after U.S. September retail sales rise 0.2%

(Kitco News) – The gold market is trading near its daily highs after the latest data showed American consumers’ spending growth coming in below expectations.U.S. retail sales rose 0.2% in September following a reading of 0.6% in August, the U.S. Commerce Department announced on Tuesday. The data was lower than expectations, as the consensus of economists projected a 0.4% increase in September’s headline number.