GOLD
Summary of CPI Data:
Core CPI m/m: Actual 0.4%, Forecast 0.3%, Previous 0.2%
CPI m/m: Actual 0.5%, Forecast 0.3%, Previous 0.4%
CPI y/y: Actual 3.0%, Forecast 2.9%, Previous 2.9%
Impact on Gold:
Gold often has a negative correlation with the dollar. Therefore, a stronger dollar tends to put downward pressure on gold prices.
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