

Gold prices remain volatile after US Fed rate hike

Nripendra Yadav

Online

July 31, 2023
Expecting bounce back from the lower levels, Nripendra Yadav, Senior commodity Research Analyst at Swastika Investmart said, "Due to better economic data, the fear of economic recession has reduced, due to which investors are attracted to the US Dollar Index. However, major central banks' continued tightening stance on monetary policy could hurt the global economy, which could support precious metals in the near term."Read more:
- Gold prices remain volatile after US Fed rate hike, US GDP data. Buy or wait? (Mint)
- Gold prices remain volatile after US Fed rate hike, US GDP data. Buy or wait? (Bharat Times)
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