Gold at $1,900 as traders await rate cues
Slight pullback in dollar and treasury yields helps metal stabilise near key level
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Slight pullback in dollar and treasury yields helps metal stabilise near key level
Despite gold supply rising +7% and gold demand falling -2% in June from a year ago, gold prices were up +6% over the same period, the World Gold Council reports. Firmer jewelery and investment demand helped offset slower central bank buying
From ancient to modern civilisations, gold has long captured the attention of those seeking to materialise their wealth. Not just a status symbol, this...
LONDON--(BUSINESS WIRE)--Aug 1, 2023--
Gold prices were near three-week highs on Wednesday as investors held their breath ahead of the much awaited U.S. inflation data that could drive the Federal Reserve's upcoming interest rate...