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Little Changed After Thursday’s Swings

GOLD

Gold was ultimately little changed overnight, sticking to a narrow range, last dealing around the $1,825/oz mark. This comes after the precious metal was subjected to 2-way trade on the back of Thursday’s U.S. CPI print (marginally firmer than expected) and hawkish Fedspeak from ’22 voter Bullard. Still, spot has stuck to the confines of the upper end of the recently observed range, with the YtD high/bull trigger ($1,853.9/oz) remaining out of reach, for now.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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