​Gold rate today: Yellow metal slips below Rs 48,000; silver too declines - Business News, Finance News, Share Market News - Market trendz

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Friday, 29 October 2021

​Gold rate today: Yellow metal slips below Rs 48,000; silver too declines

Gold is often considered an inflation hedge, though reduced stimulus and interest rate hikes push government bond yields up, translating into a higher opportunity cost for holding bullion. Amid this backdrop, market players are eyeing the upcoming FOMC meeting next week.

from Commodities-Markets-Economic Times
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