Canada Retail Sales (MoM) came in at 1.1% below forecasts (1.5%) in January

Gold price holds the rebound near $4,700, snapping a seven-day losing streak in the European session on Friday. The precious metal edges higher as markets look to stabilize amid the ongoing Middle East conflict. Gold also sees some short-covering trades after hitting six-week lows of $4,503 on Thursday, 

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