Bullish CME Gold runs out of steam at $2,017; currently at $2,014 per ounce

After closing the previous trading day at $2,003.8, Gold is up to $2,014 per ounce, which makes for a move of 0.51%/$10.2 today.

United States EIA Short-Term Energy Outlook is next today at 16:00 UTC.

Rallies can also be seen in other Metals, Copper rises 0.91% to trade around $4. Platinum ascends 0.85% to trade around $1,011.4. Silver is up 0.79%.

Also worthy of note, United States Crude Oil Inventories is projected to outperform its last figure with -1.3 million. It previously stood at -3.74 million; data will be released tomorrow at 14:30 UTC.

The market is looking forward to the release of new data: United States Consumer Price Index figure is projected at 0.2%. It previously stood at 0.4%; data will be released tomorrow at 12:30 UTC. United States Core Consumer Prices figure is projected at 0.4%. It previously stood at 0.5%; data will be released tomorrow at 12:30 UTC.

The commodity has been trending positively for about a month. Over the past 7 days, CME Gold has retreated 1.75% from a noteworthy peak of $2,039.4.