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Gold futures post highest finish since mid-June as data show another slowdown in U.S. inflation

Por: MarketWatch Business July 12, 2023

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The yearly rate of inflation decelerated to 3% from 4% in the prior month. The last time inflation was this low was in March 2021. The CPI release came in lower than expected while the core CPI release continued to disappoint, said Jeff Klearman, portfolio manager at GraniteShares, who runs the GraniteShares Gold Trust . “Gold prices, nonetheless, reacted positively…reflecting market sentiment that the Fed, though likely to maintain its... + full article



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