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Tuesday 5 April 2022

Gold eases as dollar holds firm on safe-haven flows

Gold inched lower on Tuesday as the U.S. dollar held firm on rising prospects of more Russian sanctions, and bigger interest-rate hikes by the Federal Reserve to rein in inflation. Spot gold was down 0.2% at $1,929.60 per ounce by 0203 GMT. U.S. gold futures were flat at $1,933.60.

from Commodities-Markets-Economic Times
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