Gold eases as investors focus on U.S. inflation data - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 8 August 2022

Gold eases as investors focus on U.S. inflation data

The dollar index moved further away from a one-week peak hit post Friday's blockbuster U.S. jobs report, making gold less expensive for other currency holders. * Benchmark U.S. 10-year Treasury yields dipped to 2.7554%, reducing the opportunity cost of holding non-interest bearing gold.

from Commodities-Markets-Economic Times
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