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The price of gold continues to rally
The price of gold continues to rally

The price of gold continues to rally

The April Consumer Price Index in the United States rose more quickly than analysts had predicted, moving up 0.4% versus 0.1% a month prior. Core inflation also rose 0.4% month-over-month. Inflationary pressure is supporting demand for gold as a defence asset against inflation. XAU/USD is likely to continue to rise.

XAU/USD

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