United States Industrial Production (MoM) above forecasts (0.4%) in January: Actual (0.7%) | FXStreet

Gold price consolidates the previous rebound below $5,000 in theAsian session on Thursday. The precious metal recoveredon Wednesday amid shifts in geopolitical sentiment, boosting safe-haven demand. Traders will keep an eye on the release of US InitialJobless Claims, Pending Home Sales data, and the Fedspeak later on Thursday.