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September 01, 2020 10:10am
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As Inflation and Tapering Concerns Cool, Gold Consolidates

The U.S. consumer price index rose only .5% in July, down from a .9% increase in June, easing tapering fears. Meanwhile, spot gold opened today at $1,751.27, having recorded its biggest one-day percentage gain since early May. Additional support for gold was provided by a dip in both the dollar and...
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