US core CPI annual rate hits near 5-year low, spot gold surges more than $20 in the short term.

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According to Odaily Odaily, the US January unadjusted core CPI annual rate fell to 2.5% from 2.6%, a new low since March 2021, in line with market expectations. After the CPI data was released, according to Gate data, spot gold rose by more than $20 in the short term, currently trading at $4993.65 per ounce.

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