Categories: BUSINESS

Gold market outlook: Prices fall for 2nd week as dollar gains and Fed caution hit demand; silver edges up after sharp swings

Gold prices tumbled for a second week, impacted by a stronger dollar, easing global tensions, and the US Federal Reserve’s cautious stance on interest rate cuts. This dented demand for safe-haven assets, leading to significant profit-booking and a sharp correction in both domestic and international markets. Silver, however, showed resilience.
Sumitra

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Sumitra
7 months ago

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