The Story
News Summary
- US inflation cooled significantly in June, with CPI falling 0.4% monthly and annual CPI dropping to 3.5%, driven by lower energy costs.
- However, core inflation remained unchanged at 2.6%.
- Despite temporary relief, ongoing geopolitical tensions involving Iran pose renewed risks to energy prices and future inflation.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4322.40
-9.30% over the displayed period
Advisor Snapshot
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