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May 16 - Commodity Market Update!

EPISODE · May 16, 2024 · 2 MIN

May 16 - Commodity Market Update!

from Religare Broking Podcast · host Research Desk

Gold prices inched up on Thursday following a sharp rise in the previous session as the dollar and bond yields weakened after the U.S. consumer inflation data boosted the likelihood of rate cuts by the Federal Reserve as early as September. Day’s support lies near 72600 with resistance close to the 73500 level.

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May 16 - Commodity Market Update!

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