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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment. The index for shelter rose in April, as did the index for ...
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Gold prices rose again in April, albeit at a slower pace than March (Chart 1). The LBMA Gold Price AM in USD rose by 5% whilst the SHAUPM in RMB saw a smaller increase of 3%. Factors such as increased geopolitical risks and active futures trading contributed to gold’s strength in the month. chart Compared to other major assets gold has done well so far ...