Gold Slips From Two-Month Peak as Profit-Taking Hits
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- Gold slipped from an over two-month peak as investors cashed in on the recent rally.
- Gold steadied after tame US inflation data eased rate-hike bets, while prices tested two-month highs.
Why it matters: Profit-taking at a two-month ceiling shows the rally's momentum is meeting real resistance, even as cooler inflation removes a key headwind and keeps the door open for further upside.
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