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Gold Hits Eight-month High Ahead Of US Inflation Report

Gold prices traded at an eight-month high on Wednesday, taking comfort from a declining dollar and easing Treasury yields. Spot gold rose 0.4 percent to $1,883.88 per ounce while U.S. gold futures were up 0.6 percent at $1,888.05. The dollar index slipped, making bullion attractive for overseas buyers. After Fed Chair Jerome Powell refrained from […] The post Gold Hits Eight-month High Ahead Of US Inflation Report appeared first on ForexTV... Read More
Posted: Jan 11 2023, 13:44
Author Name: forextv
Views: 110783

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