Gold firms as Middle East jitters outweigh US inflation data

Credit: IndiaTimes- Published on January 12, 2024
Gold prices gained on Friday as fears of escalating conflict in the Middle East lifted the appeal of the safe-haven metal, despite stronger than expected US inflation data boosting the dollar and Treasury yields. Spot gold was up 0.5% at $2,038.19 per ounce at 0951 GMT, extending its run above the $2,000 level to nearly a month....

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Published on January 9, 2024 -
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