Gold Price Steadies as US Inflation Rockets to 40-Year High

American shares declined on Thursday after bigger-than-expected inflation figures. The Dow Jones index declined by 0.40% while the S&P 500 fell by 0.62%. The yield of the 10-year also declined. Data showed that US inflation rose by 7.5% in January, higher than the median estimate of 7.3%. The increase happened as demand for goods remained […]

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