Gold prices pare losses after U.S. inflation data
Inflatie
Gold trimmed losses on Thursday following the release of U.S. April inflation data, but prices were still down for a third straight session as skepticism over a U.S.–Iran deal clouded the interest rate outlook. Spot gold was down 0.6% at $4,428.69 an ounce, after falling to its lowest level since late March earlier in the session. U.S. gold futures fell 0.5% to $4,426.20. Data showed that the U.S. personal consumption expenditures price index jumped 3.8% in the 12 months through April,
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