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Gold & silver prices brace for a volatile week - MillenniumPost

Millenniumpost

New Delhi: Gold and silver prices are bracing for a bumpy week, as investors assess inflation data from major economies, Federal Reserve signals and developments in West Asia, analysts said. Investors will track inflation readings from India, the US, the UK, Eurozone, and Japan as well as minutes of the Federal Open Market Committee meeting, commentary from Federal Reserve officials and US jobs data. Developments in West Asia will remain another key factor. Any further escalation in tensions between Washington and Tehran could push crude oil prices higher, intensifying inflation concerns and strengthening expectations of tighter monetary policy. On the MCX, gold futures for December delivery declined by Rs 5,847, or 4.

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