Gold vulnerable on stretched valuation as bond yields and Dollar rise
Though FOMC kept rates unchanged, hawkish comments by officials kept traders on edge
Source: businesstoday.in
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Though FOMC kept rates unchanged, hawkish comments by officials kept traders on edge
Market participants don’t expect the US Fed to hike in interest rates this week
Analysts advice traders to take fresh buy positions in gold and silver near given support levels
Analysts say gold is looking pricey , though a scare of stagflation in Europe is lending some support, thanks to which the metal is seeing good dip buying
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