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Gold Holds Steady as Traders Await Crucial US Inflation Data

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Gold prices held steady in early Asian trading as investors paused ahead of upcoming U.S.
  • PPI and CPI inflation data.
  • Stronger inflation prints could boost hawkish Federal Reserve expectations and strengthen the dollar, which would weigh on non-yielding bullion.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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