Why gold prices have risen to all-time high and do experts see more gains ahead? | #Renovate_14 | Youtube

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The latest trigger for gold has been an easing of inflationary pressure in the US and expectations for smaller interest rate hikes. Data released on Thursday showed that U.S consumer prices fell for the first time in more two years in December, offering hope that inflation was now on a sustained downward trend. The Labor Department's report showed U.S. consumer prices grew 6.5% on an annual basis in December, in line with expectations, from a 7.1% rise last month.



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