Gold consolidates as US inflation surges - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Wednesday, 10 November 2021

Gold consolidates as US inflation surges

Gold prices were flat on Thursday after a surge in U.S. consumer prices drove the metal, seen as an inflation hedge, to a five-month peak in the previous session. Spot gold was little changed at $1,850.00 per ounce by 0100 GMT, after hitting its highest since June 15 on Wednesday.

from Commodities-Markets-Economic Times
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