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Gold, Silver Set For Range-Bound Week As Rupee Weakness Offers Support: Analysts
Source: NDTV Profit (Feedburner) · 1 day ago
Summary
Analysts say that a softer rupee is likely to keep Indian gold and silver prices from falling sharply, providing some support to the market. The direction of bullion this week will also be influenced by inflation figures, U.S. interest‑rate cues and geopolitical events.
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From the original report
A weaker rupee is expected to cushion domestic bullion prices, while inflation data, US rate signals and geopolitical developments set the tone for gold and silver in the week ahead.
Excerpt from NDTV Profit (Feedburner).
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