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Gold prices dip after critical U.S. economic data

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Gold prices eased again Thursday after new U.S. inflation data reinforced concerns that the Federal Reserve could keep interest rates elevated longer than expected. The precious metal managed to recover some losses after the release of April’s personal consumption expenditures price index, widely viewed as one of the Federal Reserve’s preferred inflation gauges. Still, gold […] The post Gold prices dip after critical U.S. economic data appeared first on Rolling Out .

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