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Gold Hits New Record Highs Following US PPI Data

Gold prices surged to new all-time highs of $2,535 on Thursday following the release of US Producer Price Index (PPI) data. The data suggests that inflation may be moderating, leading to a weaker US Dollar (USD) and boosting gold prices. US PPI Data The US PPI ex Food & Energy rose by 2.4% in August, […]

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