Gold slips as dollar firms, investors book profit; US data on tap

August 11, 2025

Gold prices experienced a dip on Monday, influenced by a stronger dollar and profit-taking after a recent surge. Investors are keenly awaiting U.S. inflation data, crucial for gauging the Federal Reserve’s interest rate strategy. Spot gold decreased by 0.7% to $3,373.37 per ounce.

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Sensex falls 183 points, Nifty closes below 24,250 as market erases all morning gains. What lies ahead?

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