Economic TimesLean R·
Gold prices dip Rs 3,600/10 gram, silver down Rs 6,000/kg as US jobs data lifts rate hike bets; buy, sell or hold?
Gold and silver prices remained under pressure as stronger US jobs data raised expectations of higher interest rates. Analysts see both metals in a sideways trend, with key support and resistance levels identified for gold and silver. Investors now await US inflation data and the Federal Reserve’s September meeting for cues on the interest-rate outlook and bullion prices.
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