Gold holds steady as investors weigh faster Fed taper prospects - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Sunday, 5 December 2021

Gold holds steady as investors weigh faster Fed taper prospects

Gold prices held steady on Monday as market participants weighed the prospect of a faster ending to pandemic-era asset purchases by the U.S. Federal Reserve after data suggested the labour market was rapidly tightening. Spot gold was little changed at $1,783.91 per ounce by 0038 GMT. U.S. gold futures rose 0.1% to $1,785.00.

from Commodities-Markets-Economic Times
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