(Kitco News) – The gold market is approaching its earlier session highs ahead of the weekend after the latest data showed consumer sentiment in the U.S. improving, even as longer-term inflation expectations ticked higher.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for January was 56.4. The data was better than expectations, as the consensus forecast of economists called for a reading of 54, the same as the preliminary reading, and it was also above December’s final reading of 52.9.
