Gold edges lower from near three-week peak on profit-taking

Gold prices dipped in early Asian trade after reaching a near three-week high. Investors are booking profits as expectations grow for a U.S. interest rate cut this month. Meanwhile, silver has surged to a record high. Market watchers are awaiting key U.S. economic data to further gauge the Federal Reserve’s next move on interest rates.

More To Explore

FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation