Gold ticks lower as dollar, yields firm after inflation report

August 30, 2024

Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September interest rate cut by the U.S. Federal Reserve remains in play.

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Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times

Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors

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US auto tariff relief brings temporary respite for OEMs, but uncertainty looms: Jay Kale

Auto tariff relief in the US offers a temporary respite for OEMs, but inflationary pressures persist across sectors. Uncertainty looms, potentially leading to a demand

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