Gold rate today: Yellow metal edges higher; silver trades flat

Gold rate today: Yellow metal edges higher; silver trades flat

Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities said gold has stalled after the sharp sell-off triggered by FOMC minutes as market focus shifts to non-farm payrolls report. “Support from virus concerns and geopolitical risks is countered by Fed’s aggressive monetary tightening stance and weaker investor interest,” he added.

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