Gold rate today: Yellow metal trades flat ahead of inflation data; silver holds Rs 61,000 - Business News, Finance News, Share Market News - Market trendz

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Thursday 10 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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