Published: 2016.09.14. GOLD RATE

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Gold prices struggled near the lowest level in almost two weeks during Europe's session on Wednesday, ahead of a closely-watched U.S. retail sales report on Thursday, which is expected to shape the market's near-term interest rate expectations.

Gold for December delivery on the Comex division of the New York Mercantile Exchange fell to a daily low of $1,316.60 a troy ounce, the weakest since September 2. It was last at $1,324.95 by 3:20AM ET (07:20GMT), up $1.35, or 0.1%. A day earlier, the yellow metal slumped $1.90, or 0.14%.

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