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Cooler CPI and PPI boost gold and ease rate hike bets, but the Fed needs more from core ahead of September – Experts

Barchart·08/13/2026 14:34:06
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(Kitco News) – Gold prices got a boost from a reassuringly in-line CPI report on Wednesday, and while Thursday morning’s equally benign PPI print didn’t push prices higher, the yellow metal has successfully broken out of its recent range and is holding above $4,350 on Thursday afternoon, exactly $100 below its post-CPI peak.