Gold firms, focus shifts to Fed meeting minutes - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 2 January 2023

Gold firms, focus shifts to Fed meeting minutes

Gold is considered a hedge against inflation and economic uncertainties, but higher interest rates increase the opportunity cost of holding gold as it pays no interest. Top bullion consumer China reported three new COVID-19 deaths in the mainland for Jan. 2, the Chinese Center for Disease Control and Prevention said.

from Commodities-Markets-Economic Times
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