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2024-09-07 05:39:16| The Economic Times

China's central bank has paused its gold purchases for the fourth consecutive month in August, with holdings remaining at 72.8 million fine troy ounces. Despite this, the value of these reserves increased to $182.98 billion due to rising gold prices driven by geopolitical and economic uncertainties.

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2024-09-07 05:33:43| The Economic Times

Uncertainty over the U.S. economy's health is affecting markets, with investors concerned about Federal Reserve policy shifts, a tight U.S. election, and high valuations. Recent jobs data suggests a slowing labor market, raising fears of economic pressure from elevated borrowing costs. The S&P 500 dropped 1.7% on Friday, highlighting market volatility.

Category: News and Media

2024-09-07 05:31:00| The Economic Times

Looking at the near-term structure, if we sustain below to 25,000 level, yes, possibly we could see furthermore supply pressure in the continuation of this down move.

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