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Gold stumbles back below $2,000 mark as dollar catches a bid

Hotter-than-expected UK inflation isn't really benefiting the pound as much as it is the dollar at the moment it would seem. The report here is posing fresh questions to broader markets as to whether inflation is going to continue to be a problem in the months ahead, after having been brushed aside in recent weeks.In the context of the UK, food inflation remains a major problem with prices still seen up by 19.1% year-on-year. That is the fastest annual rate in food prices in 45 years. Ouch.Equit... Read More

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Content Topics

Gold

Stumbles

Back

Below

000 Mark

Dollar

Catches

2 000

Forex

Posted: Apr 19 2023, 06:33

Author Name: forexlive

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