Gold prices subdued as investors await U.S. inflation data - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 9 August 2022

Gold prices subdued as investors await U.S. inflation data

The dollar index held firm against its rivals, making gold less appealing for other currency holders. Benchmark U.S. 10-year Treasury yields edged higher to 2.7883%, increasing the opportunity cost of holding non-interest bearing gold.

from Commodities-Markets-Economic Times
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