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LATEST NEWS UPDATE
Gold Down, Dollar Up and Treasury Yields Rise Ahead of U.S. Inflation Data
Oil was up in Asia on Friday morning, boosting gains from the highest close in more than two years, the end of the week. As optimism continues to rise in US fuel demand, black liquid is boosted, even as concerns over potential Iranian supply increases remain.
तेल शुक्रवार की सुबह एशिया में ऊपर था, दो साल से अधिक में उच्चतम बंद से लाभ बढ़ाकर सप्ताह का अंत। आशावाद के रूप में अमेरिकी ईंधन की मांग में वृद्धि जारी है, काले तरल को बढ़ावा मिला है, यहां तक कि संभावित ईरानी आपूर्ति में वृद्धि पर चिंता बनी हुई है।
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LATEST NEWS UPDATE
Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand
Gold was down on Friday morning in Asia in the form of a strong dollar and the yellow metal was under pressure as US yields rose. Investors also await important US inflation data that will be released later in the day.
मजबूत डॉलर के रूप में एशिया में शुक्रवार की सुबह सोना नीचे था और अमेरिकी पैदावार बढ़ने से पीली धातु पर दबाव पड़ा। निवेशक भी महत्वपूर्ण अमेरिकी मुद्रास्फीति डेटा का इंतजार कर रहे हैं जो बाद में दिन में जारी किया जाएगा।
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Gold prices traded flat on Friday, as an uptick in the dollar and US Treasury yields pressured bullion, while investors awaited crucial US inflation data later in the day. Gold prices were seen struggling in the domestic market as the precious metal retreated in global markets.
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