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$XAU
$XAG Gold steadies near $4,130 as oil retreats and inflation concerns ease
Gold prices held near $4,130.00 an ounce on Tuesday after a strong rally, as falling oil prices and hopes for progress in U.S.-Iran peace talks eased inflation concerns. However, expectations of further tightening by the Federal Reserve continued to cap gains in the yellow metal.
At 3:48 a.m. (Saudi Arabia time), spot gold fell 0.4% to $4,126.72 an ounce, while U.S. gold futures rose 0.5% to $4,135.95. Silver fell 0.4% to $53.21 an ounce, while platinum dropped 0.4% to $1,573.36. Spot palladium fell 0.4% to $1,036.49, while palladium futures lost 0.6% to reach $1,031.75. The U.S. dollar index edged up 0.1% to 101.74.
#CPITestsDecemberRateOutlook #NvidiaInvestigatesAfterHuang’sAffairApology #US-IranTalksFuelStrongStockMarketRebound #BitcoinFiveWeeklyLosses
$XAU
$XAG Gold steadies near $4,130 as oil retreats and inflation concerns ease
Gold prices held near $4,130.00 an ounce on Tuesday after a strong rally, as falling oil prices and hopes for progress in U.S.-Iran peace talks eased inflation concerns. However, expectations of further tightening by the Federal Reserve continued to cap gains in the yellow metal.
At 3:48 a.m. (Saudi Arabia time), spot gold fell 0.4% to $4,126.72 an ounce, while U.S. gold futures rose 0.5% to $4,135.95. Silver fell 0.4% to $53.21 an ounce, while platinum dropped 0.4% to $1,573.36. Spot palladium fell 0.4% to $1,036.49, while palladium futures lost 0.6% to reach $1,031.75. The U.S. dollar index edged up 0.1% to 101.74.
#CPITestsDecemberRateOutlook #NvidiaInvestigatesAfterHuang’sAffairApology #US-IranTalksFuelStrongStockMarketRebound #BitcoinFiveWeeklyLosses
