Gold prices subdued as investors await U.S. inflation data - Business News, Finance News, Share Market News - Market trendz

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Wednesday 10 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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