Gold rebounds above $1290 ahead of US inflation data

The XAU/USD pair dropped to its lowest level in three weeks near $1286.60 earlier in the day but staged a recovery in the last couple of hour ahead of
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Italy Producer Price Index (YoY) declined to 3.1% in February from previous 3.4%

Italy Producer Price Index (YoY) declined to 3.1% in February from previous 3.4%
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