Gold rate today: Yellow metal trades flat ahead of inflation data; silver holds Rs 61,000 - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 9 November 2022

Gold rate today: Yellow metal trades flat ahead of inflation data; silver holds Rs 61,000

Gold is seen as a hedge against inflation, which rising rates aim to tackle, thereby diminishing the metal's appeal. Higher interest rates also make other assets more attractive compared with non-interest-bearing bullion.

from Commodities-Markets-Economic Times
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