US CPI spike deals gold prices a strike

Gold prices plunged below $2,000 as unexpected US CPI data sent shockwaves through the market. With sellers dominating and ETF outflows on the rise, traders are bracing for a rocky ride. Will rate cuts and central bank actions offer any relief? Dilin breaks it all down in today’s episode of As Good As Gold! 🤝 Switch to Pepperstone. Sign up for a live trading account: 🐦Follow us on X/Twitter to keep up to date with market news, access expert commentary, analysis and more from our global market analysts: ➡️ Follow us on Telegram for daily market news and insights: 👉 Subscribe to Chris Weston’s Daily Fix newsletter: Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information