Gold flat as firmer dollar, yields weigh; US CPI data awaited - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 8 December 2021

Gold flat as firmer dollar, yields weigh; US CPI data awaited

Gold prices were flat on Thursday, as the U.S. dollar and Treasury yields firmed ahead of key inflation data that could provide clues on the Federal Reserve's next policy move. Spot gold was flat at $1,782.65 per ounce, as of 0236 GMT. U.S. gold futures fell 0.1% to $1,784.50.

from Commodities-Markets-Economic Times
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