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Gold prices head for a 5th gain in a row

Date Published: April 13, 2022
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Gold futures rose Wednesday, with bulls attempting to stretch a winning streak for the precious metal to five sessions after data on U.S. wholesale prices revealed a bigger-than-expected rise in March.

“Traders know that inflation isn’t going to ease off from its current level overnight, even though we may have seen a peak inflation situation,” said Naeem Aslam, chief market analyst at AvaTrade, in a daily note.

On…

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