Fitch maintains neutral outlook for gold prices in near term ...Middle East

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Fitch maintains neutral outlook for gold prices in near term
source : Devdiscourse ( Middle East ) () 18
Fitch Solutions said on Friday it expects gold prices to trade sideways over the coming months along with bouts of volatility as conflicting factors continue to affect the asset. On the one hand, gold is being supported by still-elevated inflation, falling US treasury yields, rising geopolitical tensions and the rapid rise in Covid-19 cases due to the Delta variant.

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