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Weekly Commodities Fundamental Report – 22 July 2023

01 August 20231 min read by Angel One
Weekly Commodities Fundamental Report – 22 July 2023
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Gold: Gold prices experienced a marginal 0.3 percent increase for the week, responding to various factors that influenced market sentiment. The fluctuations of the U.S. dollar near one-year lows made gold relatively more affordable for buyers holding other currencies. However, investor caution prevailed as they awaited signals from the Federal Reserve regarding its monetary tightening plans.

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