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0.51% $1,391.7 gold futures

On the announcement of the CPI number in the US the USD shot up...

  1. bikemad
    3,035 Posts.
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    11/04/24
    06:53
    Post #: 73287246
    On the announcement of the CPI number in the US the USD shot up and gold fell about $20 it would normally get hammered down so imo it's a bullish sign for gold. The AUD got belted causing the AUD gold price to make a new high currently up AUD$40 to $3,582. It will be interesting to see how the miners perform today.
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    lightbulb Created with Sketch.  Great analysis
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