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Christopher Waller

1 article

Gold Slides 2.7% After Hot US CPI

Spot gold fell 2.7% to $4,030.33/oz and futures 1.9% to $4,037.95/oz as the dollar index rose 0.6% to 102.25. October CPI rose 0.4% month‑on‑month, beating the 0.3% forecast, while core CPI held at 0.