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Kevin Warsh
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Macro
Gold Rises 1% on Soft US CPI
Spot gold jumped 1.3% to $4,052.96 per ounce and futures to $4,058.30 per ounce. US June CPI fell 0.4% m/m, core CPI flat, with headline up 3.5% y/y and core up 2.6% y/y, below forecasts. Fed rate‑hik