Spot gold rebounded more than $70 from its low following the CPI release, breaking above $4,360 per ounce.
The metal had previously dropped to the $4,290 per ounce level before recovering.
Spot Gold Rebounds Over $70 From Post-CPI Low
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.