Bloomberg

Gold Gains With Yields, Dollar Slipping After Inflation Data

(Bloomberg) — Gold advanced after U.S. inflation data came in lower than expected, easing concerns that the Federal Reserve will be forced to pare back its bond buying soon. Palladium extended a slide.The consumer price index increased 0.3% from July, the smallest advance in seven months, according to a government report Tuesday. The dollar declined and Treasury yields slipped, boosting demand for non-interest-bearing bullion.Bullion has come under pressure this year on concerns pandemic-era st

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