Gold steady on caution ahead of U.S. CPI, Fed meet - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 12 December 2022

Gold steady on caution ahead of U.S. CPI, Fed meet

Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. Holdings of the largest gold-backed exchange-traded-fund (ETF), New York's SPDR Gold Trust, rose 0.3% on Friday.

from Commodities-Markets-Economic Times
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