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September 01, 2020 1:43pm
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Hot CPI and Headwinds Push at Precious Metals

A hotter-than-expected CPI report created volatility on the precious metal front as investors worried that the 9.1% CPI would increase the likelihood of the Fed ramping up rate increases. Earlier this week, the CME’s FedWatch tool indicated a 92.4% probability of the Federal Reserve raising rates...
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