Gold prices on track for highest finish in a week after U.S. inflation data

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Gold prices edged higher on Friday, on track to mark their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than expected.

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U.S. producer price inflation came in slightly stronger than expected in November, confounding the market’s expectations for a more pronounced drop after a promising moderation in the prior month’s data.

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Image and article originally from www.marketwatch.com. Read the original article here.

By admin