Gold declined on Thursday as a recent rally appeared to sputter while precious metals traders awaited more inflation data.
Price actionWhat strategists are saying Gold has staged a dramatic rebound over the past three weeks, rising from a low of below $1,680 per ounce for the most-active contract to an intraday high of $1,824 per ounce on Wednesday, after tumbling for five straight weeks.
See: The Nasdaq just exited a bear market — and the Dow left correction territory — after July CPI reading
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