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Commodities & currencyBusiness Standard

Gold oversold, but further fall to $3,750 likely: Mirae Asset Sharekhan

Neutral0

GreyOak summary

Gold prices fell 2.90% to $3,873 amid bearish sentiment driven by hotter-than-expected US CPI data and robust employment figures. These factors have increased expectations for a December Federal Reserve rate hike.

What it affects

  • GoldNeutral 0

    Gold fell 2.90% to $3,873.Rolling sentiment Neutral -2

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