Gold prices down but off their lows as U.S. CPI hits new 40-year high; rising 8.6% in May - Kitco NEWS

(Kitco News) - Inflation pressures in the U.S. appear far from peaking as the consumer prices rose more than expected in May, hitting a new 40-year high. The gold market is off its lows but still under significant selling pressure following the hotter-than-ex…

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