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U.S. Core Inflation Rose More Than Expected in April

May 15th, 2009

*tick tock tick tock*

Via: Reuters:

New York gold futures turned higher on Friday after data showed that U.S. core inflation rose more than expected in April, bolstering the status of gold as a hedge against inflation. However, when food and energy are included, U.S. consumer prices were unchanged in April from March.

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