Gold Prices in India Remain Steady, Reports FXStreet Data
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Gold prices in India showed little movement today, maintaining a steady trend according to the latest data from FXStreet. The stability comes amid mixed global cues and fluctuating demand in domestic markets. Analysts attribute the unchanged prices to a balance between investor caution and moderate physical buying. Internationally, gold prices have been influenced by macroeconomic factors, including US Treasury yields and the dollar's strength. In India, local demand continues to play a pivotal role, with jewelers and retail buyers closely monitoring price shifts. Market experts suggest that the upcoming festive season could spur increased activity, potentially driving prices higher. For now, however, gold remains range-bound, offering little volatility for traders.
