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Gold Prices Steady in India Amid Weaker US Dollar and Easing Yields

Guavy AI Editorial Team
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USD
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Gold prices in India remained stable on August 3 as investors tracked fresh gains in international bullion following a weaker US dollar and easing US Treasury yields.

The precious metal attracted renewed safe-haven demand after diplomatic developments in the Middle East pushed crude oil prices lower, easing inflation concerns while supporting bullion prices.

Investors are also watching upcoming US economic data, particularly employment numbers, for fresh clues on the Federal Reserve's interest-rate outlook.

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