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12 Aug 2026 · 22:05 GMT+3
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Gold price shines above $4,400 as inflation dip fuels Fed relief

Gold price (XAU/USD) registers gains of over 1% on Wednesday as US inflation data aligns with estimates, easing the Federal Reserve’s (Fed) task of further tightening monetary policy. The Consumer Price Index (CPI) continues its downward trajectory.

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