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Gold Dips as Safe Haven Demand Wanes

MCX Live Updates

Gold prices experienced a slight decline, closing 0.42% lower at Rs 142,517, as the demand for safe-haven assets diminished and the anticipation of a forthcoming U.S. Federal Reserve rate cut weakened. Geopolitical risk premiums have diminished as U.S. President Donald Trump indicated a potential postponement of military action against Iran, in light of Tehran’s reassurances Read More

Gold Slides as Strong Dollar and Index Futures Plunge

MCX Live Updates

Gold prices experienced a slight decline, closing down by 0.19% at Rs 137,742, as investors adjusted their positions in anticipation of futures selling associated with the annual commodity index rebalancing. Additionally, a stronger U.S. dollar exerted further pressure by increasing the cost of the metal for international purchasers. The dollar remained close to a one-month Read More

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