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Daily Reports

Gold clings to gains near $1860 on dollar weakness

Daily Report

Reading Time: 2 minutes Financial markets were in risk-off mode on Tuesday as lingering growth and inflation concerns came back under the spotlight. Gold prices continue its recovery as Dollar Index surrenders the almost 3% gains after hitting a 19-year high of 105.00 on May 13 and now trading below 102.

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Bullion manages to attract buyers at lower prices

Daily Report

Reading Time: 2 minutes Gold’s recovery materialized as the US dollar index came off the highs. The US dollar index hit a 2002 high earlier this month amid safe-haven buying and expectations that the US Fed may lead other central banks in tightening monetary policy to get inflation under control.

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Gold consolidates around $1800

Daily Report

Reading Time: 2 minutes The precious metal has been through a period of high tides backed by the announcements of higher inflationary pressures last week and rising job additions in the labor force in the first week of May.

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Gold SIP

Precious Metal rebounds as US reports CPI at 8.3%

Daily Report

Reading Time: 2 minutes Bullion has been under pressure as the Federal Reserve tightened monetary policy to fight accelerating consumer-price gains. That helped push bond yields higher and has propelled a gauge of the US currency up around 6% since the end of March, weighing on gold.

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Basel III Norms and its Impact On Gold

Gold reacting to tightening cycle

Daily Report

Reading Time: 2 minutes As the markets continue to digest whether a 50/50/50x hiking profile (vs. 50/75/50x over the next few meets) is actually enough to tame inflation, induce a recession etc, Gold is reacting negatively for expectation of faster rate hikes.

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