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Spot gold fell by 0.03% within the day

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Prior to the release of CPI data, spot gold experienced a intraday decline of 0.03 and is now reported at $4132.54 per ounce. AI interpretation: The market showed an extremely cautious wait-and-see attitude on the eve of the release of CPI data. The slight fluctuations in gold prices reflect investors' concerns that inflation data may trigger a policy shift. The current market liquidity is highly concentrated in the game of the Federal Reserve's monetary policy path. This narrow range oscillation indicates that the release of data will trigger a drastic market reassessment in an instant. Investors are avoiding the uncertainty impact of inflation data by reducing their holdings of safe haven assets.

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