Gold Nears Record, Fed Cuts Expected

  Published 8 months ago

Gold nears $3,685, edging record highs as Fed cuts expected, inflation data awaited, dollars steady.

  • Dollar index holds near 97.4 while markets watch PPI release and Thursday's CPI numbers today.
  • Payroll revisions reveal weaker job growth, fueling speculation of Fed rate cuts within the year.
  • India's MCX October gold futures hold at ₹109,014 per 10 grams, reflecting cautious market sentiment.

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