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Gold price treads down as US CPI data bolsters case for ending rate hikes

Staff Writer | May 10, 2023 | 9:05 am Markets USA Gold 

Gold prices treaded down on Wednesday in a relatively choppy trading session after US inflation readings came in mostly as expected, reinforcing bets for a pause in the Federal Reserve's interest rate hikes. Spot gold was down 0.5% to $2,023.28...

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