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Gold eases after climbing over 1% in previous session
Summary by Times of India
4 Articles
4 Articles
The Economic Times+2 Reposted by 2 other sources
Gold eases after climbing over 1% in previous session
Gold prices slipped 0.4% to $4,152.99 per ounce in early Asian trading on Friday, as investors scrutinize the Federal Reserve's future policy after recent inflation updates. US producer prices surged the most in over four years, driven by escalating costs. Meanwhile, spot silver and platinum dipped, while palladium slightly increased amid persistent geopolitical concerns. Analysts are vigilantly evaluating how prospective rate hikes might influe…
·Mumbai, India
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The price of gold did not change much in global market trading on Friday, recording a weekly decline due to the release of higher-than-expected US inflation data and the possibility of further interest rate hikes by the Federal Reserve this year.
Coverage Details
Total News Sources4
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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