Gold holds near seven-week low, US economic data on tap – FinSiddhi

Gold holds near seven-week low, US economic data on tap

Gold prices are holding steady near a seven-week low, despite ongoing concerns about rising interest rates from the Federal Reserve. Investors are treading carefully as they prepare for crucial US economic data, including employment and inflation reports, this week. Meanwhile, oil prices have increased over fears of supply disruptions in the Middle East, potentially impacting inflation rates. Current market expectations show a 70.
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