đź’¨ Abstract
Gold eased on Wednesday following a Middle East conflict escalation-led rally, as traders awaited U.S. interest rate clues. Spot gold fell 0.4%, while U.S. gold futures dropped 0.6%. The dollar's strength, a rival safe-haven, capped gold's gains. Gold remained near recent highs due to Middle East tension fears. Long-term, gold's direction will be determined by real interest rates.
Courtesy: theprint.in
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