Gold aims for one-month high as dollar, bond yields fall after inflation report

Gold futures headed sharply higher on Wednesday, with prices poised for their highest finish in a month as the U.S. dollar and bond yields weakened following reports on inflation.

Investors also prepared for an account of the Federal Reserve’s Sept. 21-22 meeting later in the day.

The September consumer-price index reading rose 0.4%, versus expectations for 0.3% on the month. Excluding the volatile food and energy components, the CPI climbed 0.2% after…

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