Gold rate today: Yellow metal trades flat, silver stays below Rs 55,000

A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the World Gold Council said. The Fed raised interest rates in line with the expectation that takes the cumulative June-July increase to 150 basis points, said Ravi Singh, Vice President and Head of Research, ShareIndia.

from Commodities-Markets-Economic Times
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