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Gold Ticks Higher As U.S. Dollar Steadies Ahead Of Inflation Data

Source: Nasdaq

Commodities & Raw MaterialsInflationEconomic DataCurrency & FXEnergy Markets & Prices

Gold prices edged higher for a fifth consecutive session as the U.S. dollar steadied following a plunge in crude oil prices. Investors also focused on the upcoming U.S. Personal Consumption Expenditure (PCE) price index data, which could influence inflation expectations and near-term rate pricing.

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