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Gold ends its five week winning streak as inflation concerns resurface

The ten-year US yields at 4.67% were around 1% lower Friday; however, yields were up nearly 1% to finish the week higher, whereas the 2-year US yields at 4.99% were up nearly one bps on the week, but down nearly one bps Friday.

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Gold gains Rs 1,050 to breach Rs 73k-mark; silver too hits fresh peak

Gold and silver prices rallied for the fourth straight session and hit fresh peaks on Friday, with the yellow metal gaining sharply by Rs 1,050 to breach Rs 73,000 per 10 grams level amid bullish global trend.

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Gold gains Rs 1 050 to breach Rs 73k-mark silver too hits fresh peak

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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Gold down on resurgent US inflation

Now, the US interest rates may stay higher for longer. The ten-year US yields took a peak above 4.50% level as the yields surged 4.27% to settle at 4.545%, whereas the US Dollar Index surged 1.05% to close at 105.19. The Dollar Index is expected to extend its gains to 108 levels in the near term, which will be bearish for commodities in general.

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Gold, silver glitter on global cues; hit fresh peaks

Gold, silver glitter on global cues; hit fresh peaks
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Gold silver glitter on global cues hit fresh peaks

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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gold prices: No justifications for gold's recent rally, investors riding on Fed rate cut hope

Gold closed at a record high of $2330 amidst escalating Middle East tensions, positive US economic data, and hints of potential rate cuts by the Fed Chair. Geopolitical tensions and economic indicators will continue to drive market sentiment. . Hotter than expected CPI inflation and contained geopolitical tensions will weigh on the metal. Resistance is at $2360/$2400 and support at $2300/$2250/$2200. A short term correction won't be surprising.

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Gold jumps Rs 850 to hit fresh all-time high of Rs 70k per 10 grams

Gold jumps Rs 850 to hit fresh all-time high of Rs 70k per 10 grams
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Gold falls on strong dollar index: Investors eye US non-farm payroll data; Read to know key levels to watch

Gold falls on strong dollar index: Investors eye US non-farm payroll data; Read to know key levels to watch
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Gold hit lifetime high on Powell's comment on rate cuts; Read to know more - Market News

Gold hit lifetime high on Powell's comment on rate cuts; Read to know more - Market News
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