Economic TimesLean R·
Gold regains momentum as weak Dollar, safe haven demand and seasonal buying support prices
Gold prices have witnessed an impressive recovery over the past month, validating the reversal signals that emerged after the correction seen during July. What initially appeared to be a broader decline driven by a strong U.S. dollar and expectations of prolonged higher interest rates has now turned into a renewed bullish phase. International gold prices have surged by more than 16% during August, while MCX Gold Futures have gained nearly 14%, highlighting strong participation from both global …
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