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Asia

Gold holds ground after 3% drop on Warsh's hawkish stance

Markets-Economic Times · 1h ago · 🇮🇳 India

Gold holds ground after 3% drop on Warsh's hawkish stance

On Monday, gold prices held steady following a noteworthy decline. Federal Reserve Chair Kevin Warsh suggested that interest rate hikes could be on the horizon, leading markets to predict an increased chance of a September rate rise. Labor market reports set to be released this week will offer additional economic clarity. Other precious metals also experienced slight fluctuations.

Read the full story at Markets-Economic Times →

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