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Gold Prices Steady Amid Inflation Data
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Overview
API
Gold prices remain steady ahead of U.S. inflation data, with the dollar index and gold futures showing slight movements. The market is closely watching the U.S. consumer price inflation report to determine the Federal Reserve's rate cut timings. Furthermore, gold buying in major consumer India has increased as domestic prices stabilize.
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How does gold buying in major consumer India affect the global gold market?
How might the U.S. inflation data impact the Federal Reserve's rate cut decisions?
What factors influence gold prices and their impact on global markets?
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