Gold rate today: Gold prices edge lower as dollar gains; volatility likey ahead - Business News, Finance News, Share Market News - Market trendz

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Tuesday 17 January 2023

Gold rate today: Gold prices edge lower as dollar gains; volatility likey ahead

"Expectations of the Fed slowing the pace of rate hikes has been supporting gold. Currently, we are seeing a technical pullback as prices entered the overbought territory. Also, the dollar is firming slightly," said Ajay Kedia, director at Kedia Commodities.

from Commodities-Markets-Economic Times
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