Gold and silver prices today: Precious metals surge after weak US retail sales
Analysts say market participants shifted focus to commentary from Federal Reserve officials for cues on the timeline for interest rate cut
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Analysts say market participants shifted focus to commentary from Federal Reserve officials for cues on the timeline for interest rate cut
Analysts say, however, that heightened geopolitical tensions in the Middle East provided some cushion against prospects of higher rates in the US
Analysts say this is because higher-than-expected US inflation data diminished hopes that the US Federal Reserve could soon pivot to monetary easing
Due to a technical glitch at the commodity exchange, trading on MCX was anticipated to begin at 1 pm instead of the usual 9 am on February 13, 2024.
Analysts say the decline in the US dollar and Treasury yields capped some losses