(Kitco News) – The gold market is trading higher ahead of the weekend after the latest data showed consumer sentiment in the U.S. improving, while longer-term inflation expectations ticked higher.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for January was 54. The data was better than expectations, as the consensus forecast of economists called for a reading of 53.5, and it was also better than December’s final reading of 52.9.
