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Gold slides on US yields surge ahead of CPI

Gold price (XAU/USD) extends its losses as US Treasury yields resumed their uptrend ahead of the release of US inflation data. XAU/USD trades at $4,157, down 0.37%.

Original · FXStreet AI summary of public reporting

Why: US yields surge → pressure on gold

GOLD

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At publication → Current
GOLD4,158 → 4,162+0.1%
Gold slides on US yields surge ahead of CPI | SignalHub