Gold rangebound as traders await US inflation data
The metal battles to find direction as investors wait for cues on monetary policy from the European Central Bank
09 June 2021 - 08:13
Bengaluru — Gold traded in a tight range on Wednesday as investors eyed more data on US inflation and cues on monetary policy from the European Central Bank (ECB), while weaker bond yields offered some support to the metal.
US benchmark 10-year treasury yields were hovering near more than a month’s low, while the dollar index held firm...
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