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Gold prices steady with spotlight on US inflation data
Update / Judgement Date
12 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Gold prices remained steady as markets awaited the release of US inflation data. The data is expected to influence central bank policies and, in turn, impact gold demand. Investors are closely monitoring economic indicators to gauge the future direction of interest rates and their effect on precious metals.