Gold prices steadied near a three-month peak on Wednesday as signs of cooling U.S. inflation boosted bets for smaller rate hikes, while reports around Russian missiles killing two people in Poland led to some demand for safe-haven assets.
बुधवार को सोने की कीमतों में तीन महीने के शिखर के करीब स्थिर रहा, क्योंकि अमेरिकी मुद्रास्फीति को ठंडा करने के संकेतों ने छोटी दरों में बढ़ोतरी के लिए दांव लगाया, जबकि पोलैंड में रूसी मिसाइलों से दो लोगों की मौत की रिपोर्ट के कारण सुरक्षित-संपत्ति की कुछ मांग हुई।
G20 talks enter final day as emergency meeting held over Poland blasts
Leaders of the Group of 20 (G20) economies joined a summit for the second day on Wednesday, although the schedule was disrupted by an emergency meeting to discuss reports of a missile landing in Polish territory near Ukraine.
U.S. President Joe Biden said after the meeting on the Indonesian island of Bali that the United States and its NATO allies were investigating the blast but early information suggested it may not have been caused by a missile fired from Russia.
NATO member Poland had said a rocket killed two people on Tuesday in eastern Poland near Ukraine, and it summoned Russia’s ambassador to Warsaw for an explanation after Moscow denied it was responsible.
Gold hits 3-mth high as Poland missile strike spurs safe haven demand.
Gold prices hit a three-month high on Wednesday after a Russian missile strike on Polish territory ramped up fears of a escalation in the Ukraine conflict, boosting demand for traditional safe haven assets.
Indian indices opened on flat note on November 16 with Nifty around 18400.At 09:16 IST, the Sensex was down 21.24 points or 0.03% at 61851.75, and the Nifty was down 4.10 points or 0.02% at 18399.30.
CRUDEOIL on edge as markets weigh Poland strike, sluggish demand.
CRUDEOIL prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market.
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