Gold will rise, but the expected U.Gold will rise, but the expected U.S. High due to inflation

Gold rose in Asia on Wednesday morning, but last month the U.S. Data on Tuesday showed consumer prices hitting a 13-year high, with yellow metal gaining ground. Gold futures rose 0.21% to $ 1,813.65. The dollar, which normally moves in the opposite direction to gold, fell on Wednesday and remained stable after seeing its best…

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US jobs report raises gold, dollar weakens, easing fears of an early rate hike

Gold rose in Asia on Monday morning, against the dollar. The latest U.S. employment report also calmed investors’ fears of an earlier-than-expected rise in interest rates. Gold futures rose 0.24% to $1,787.55. The dollar, which normally moves against gold, was on the downside on Monday. On the demand side, central banks, including Serbia, Thailand, and…

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