Gold prices testing resistance around $2000 as U.S. PCE core inflation rises 0.3% in February, up 4.6% for the year

Gold prices testing resistance around $2000 as U.S. PCE core inflation rises 0.3% in February, up 4.6% for the year

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The gold market is again testing resistance at $2,000 an ounce as U.S. inflation pressure cools more than expected in February. Friday, the U.S. Department of Commerce said its core Personal Consumption Expenditures price index increased 0.2% last month, compared to January's increase of 0.5%. The…

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