Gold rate outlook: Gold prices likely to stay under pressure as investors eye key US macro data, say analysts
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Gold prices are projected to remain subdued as investors await crucial US macroeconomic data for signals on the Federal Reserve's interest rate stance. Improving risk appetite and easing geopolitical tensions have reduced demand for gold, diverting investors to riskier assets. The market anticipates key US indicators like unemployment data and non-farm payrolls to influence gold's trajectory. What's Your Reaction?
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