MCX Gold Support Key at Rs 76,850 and Resistance Key at Rs 77,3300 [07 Nov 2024]

Rise in the prices of gold and silver

Gold edged higher to above $2,629 on Thursday, rebounding from the three-week low of $2,608 from the prior session as markets digested a batch of fresh economic data for insights on the Fed’s policy path in upcoming decisions.

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Trump's policies are likely to increase inflation risks

Spot Gold Holds Above $2,490

Spot Gold held steady above $2,490 per ounce on Wednesday, after retreating in previous sessions, as investors assessed new economic data and its impact on the Federal Reserve’s interest rate outlook.

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