Tag inflation

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Gold closed $6.2 higher as inflation expectations declined

Gold futures closed higher on Friday (Sept. 16) after a consumer confidence report was released in the U.S. that showed inflation expectations also fell. The decline in U.S. equity markets also prompted investors to buy gold contracts as a safe…

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Russia’s CPI falls for the 10th week in a row

The Russian Federal Statistics Service (Rosstat) announced that the consumer price index (CPI) decreased by 0.03% last week. The CPI fell for the 10th consecutive week, prompting the Bank of Russia to cut interest rates on Friday to boost domestic…

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Inflation in the UK slows slightly

The consumer price index (CPI) in the United Kingdom weakened slightly in August, but is still at a high level. The CPI slowed slightly to 9.9% in August from 10.1% in July. The CPI rose 0.5% from July to August,…

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India’s inflation rises by 7% in August

According to India’s Ministry of Statistics, the consumer price index (CPI) jumped to 7% in August from 6.71% in July. The August CPI rebound was driven by a surge in food prices. The CPI rose for the eighth consecutive month…

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Gold closes $8.4 higher on falling dollar

Gold futures closed higher on Friday (Sept. 9), supported by a weakening U.S. dollar from a 20-year high and an appreciation of the euro. Gold contracts gain buying momentum after the dollar falls. A weakening dollar makes gold contracts less…

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