Gold prices holding gains but sees little reaction as U.S. CPI rises 0.2% in July, 3.2% for the year
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The gold market is holding solid gains but is not seeing a major reaction as inflation cools slightly more than expected but remains elevated.
Thursday, the U.S. Labor Department said its much-anticipated Consumer Price Index rose 0.2% last month, following a 0.2% rise in June. The data was in line with expectations.
However, annual inflation provided a more nuanced picture…