Golddealer25 Aug, 2022Business
Fundamentally, there are contradicting forces in this for gold. The decline in the value of the dollar is beneficial, but the rise in yields is undoubtedly the other side of the coin, according to the Bullion King of India. On the other hand, do not undervalue the significance of keeping inflation in check and continuing to allay recession fears through less pronounced rate hikes, as doing so might eliminate macroeconomic headwinds for several commodities, said Prithviraj Kothari.
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