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TechFlow news: The U.S. unadjusted core CPI year-on-year rate for August was 3.2%, unchanged from the previous month and in line with market expectations, after declining for four consecutive months.
Following the release of the U.S. CPI data, spot gold initially dropped then rose sharply, with a fluctuation of over 10 dollars, trading at $2,529.9 per ounce.
The U.S. core CPI year-on-year rate for August, unadjusted for seasonality, was 3.2%, unchanged from the previous month and in line with market expectations, after declining for four consecutive months. Following the release of the U.S. CPI data, spot gold initially dipped before rebounding, swinging over 10 dollars, and was last trading at $2,529.99 per ounce.
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