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Gold Drops Below Support Levels After U.S. Inflation Data Disappoints

James Hydzik

14 February 2024 - 15:13

Gold Drops Below Support Levels After U.S. Inflation Data Disappoints

The price of gold dropped below the $2000 technical support price on February 13. The move came as a reaction to U.S. Consumer Price Index data showing a drop compared to December but still stubbornly high numbers, especially in real estate.

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