• Gold rises as US bonds rally on inflation data and safe haven buying

    Source: Buzz FX / 16 Jun 2024 14:46:14   America/New_York


    Spot gold at $2,334 was up nearly 1.29% on Friday at the time of the MCX closing. Gold rallied as the US bonds extended their ongoing rally despite hawkish Federal Reserve on soft inflation data and ongoing political turmoil in Europe.
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