Precious Metal::: Gold futures is trading at $1,509.25, similar to its previous close. The precious metal is trading lackluster after U.S. Bureau of Labor Statistics reported a flat Producer Price Index numbers. On hourly scale, the index is trading in a narrow range of 1,497.98-1,520 levels. The precious metal is trading above 100 hours Moving Average. RSI is trading in a range of 40-60 and hinting for a lackluster movement further until it break either side.