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XAU/USD is consolidating around $2640, moving sideways with little volatility. This is happening even though the market is still digesting the U.S. employment report that was released last Friday.
Against the backdrop of soaring gold prices, a divergent trend has emerged in the demand for gold jewelry, coins and bars since the year began. Investment in gold bars and coins surged to 80 tons ...
It would rally because the inflation-hedge effect would be stronger than the increased “alternative cost” of holding gold that provides no interest (no yield – except when the metal is leased).
Additionally, continuing conflict in the Middle East supported precious metal prices ... Lower-than-expected figures may pull the pair upwards, towards 1.09600. Bitcoin (BTC/USD) fell ...
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Gold prices traded lacklustre in the domestic futures market Wednesday morning amid tracking muted global cues ahead of the minutes of the US Fed's last policy meeting. MCX Gold for December 5 ...
THE peso and stock market continued to fall on Thursday ahead of the release of US inflation data that could provide cues about the likely outcome of next month's Federal Reserve policy meeting. The ...
[Photo provided to China Daily] Gold prices have consistently reached all-time highs this year, yet this hasn't dampened consumers' eagerness for the precious metal. What sets this year apart is ...