Gold slips from record levels after hot US inflation data
Spot gold fell 0.6% to $2,338.19 per ounce, as of 8:58 a.m. ET. U.S. gold futures lost 0.1% to $2,360.7. The U.S. dollar index rose 0.5% and U.S. Treasury yields spiked after the data, making non-yielding bullion less attractive.
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