Gold continues to attract investor attention amid geopolitical uncertainty. On August 24, the reported Indian price of gold was around Rs. 1,62,810 per 10 grams, while investors continued to monitor crude prices, US bond yields and developments in the Iran conflict.
The precious metal is benefiting from safe-haven interest, although changes in US interest-rate expectations could create volatility. Traders will also watch upcoming US economic data for clues about the Federal Reserve’s policy direction.
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