Today’s gold prices: Precious metals will rise as the US currency weakens; purchase on declines

 Gold prices were little changed on Wednesday in the international markets, remaining close to a one-month high achieved in the previous session. gold was down 0.1% at $1,709.80 per ounce. US gold futures decreased by 0.1% to $1,714.10. On the Multi-Commodity Exchange (MCX), gold contracts were trading 0.16% higher at Rs 51,545 for 10 grams…

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Tin’s prospects in 2022 and 2023 are weakened by macroeconomic fundamentals and a high dollar

Tin’s prognosis has dimmed as a result of deteriorating macroeconomic fundamentals, a strong currency, and increased inflation. As a result, analysts have decreased their prediction for the metal’s price for 2023 and this year. Tin’s prices have fallen by 11% over the previous month due to the bleak prognosis for the metal, which is used…

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Due to the strong dollar index and market risk aversion, the rupee is anticipated to decline

The rupee strengthened during the past week despite a steep decline in crude oil prices. Additionally, the rupee received support from large inflows into local equity markets and a reduction in the federal fiscal deficit of India. In response to Jerome Powell’s hawkish remarks, the dollar index increased slightly and reached its highest level in…

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