💨 Abstract
Gold prices rose on Thursday, awaiting US inflation data for guidance on the Federal Reserve's future monetary policy. Prices have previously reached a record high in September. The US Consumer Price Index (CPI) for September and Producer Price Index (PPI) data for Friday are key indicators. Gold is favored in a low-interest rate environment and during periods of economic and geopolitical turmoil.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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