Gold flat ahead of key U.S. inflation data - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 10 January 2023

Gold flat ahead of key U.S. inflation data

Gold is highly sensitive to rising interest rates, as that increase the opportunity cost of holding the non-yielding bullion. Meanwhile, European Central Bank's governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end.

from Commodities-Markets-Economic Times
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