Gold Price Analysis: A test of $1,600/oz looks likely

Prices of the ounce troy of the yellow metal are now well into the defensive territory and threaten to challenge the key support at the $1,600 mark if
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United States Producer Price Index (YoY) came in at 1.3%, below expectations (1.8%) in February

United States Producer Price Index (YoY) came in at 1.3%, below expectations (1.8%) in February
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