What is CPI news? โ
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๐ CPI stands for Consumer Price Index.
๐ CPI can measure inflation. (If CPI increases, inflation will increase and gold will also increase. If CPI falls, inflation will decrease and gold will also fall.)๐ด
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NOTE:
- If the news is bad, that is, the CPI is lower than the previous period, then gold immediately rises, then falls.
- Good news, that is, CPI is higher than the previous period, gold immediately fell, then increased.
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