Gold bears look to $1,758, ECB PEPP verdict in focus

Gold Prices Today

Gold justifies the technical breakdown amid sour sentiment during early Thursday. That said, the yellow metal holds lower ground near $1,790, the lowest in two weeks by the press time. Fed tapering woes, virus-led economic fears and stimulus chatters keep bears hopeful.

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Gold Prices Blast or Not: Generates RSI Buy Signal

फेड मीटिंग से पहले ट्रेजरी यील्ड कमजोर होने से सोने में तेजी

The gold prices appears to be unfazed by the stickiness in the US Consumer Price Index (CPI) as the headline reading holds steady at 5.4% for the second month, and it seems as though bullion will move to the beat of its own drum ahead of the Kansas City Fed Economic Symposium scheduled for August 26 – 28 as it reverses course ahead of the March low ($1677).

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