Gold price outlook: On the back of strength in dollar after increase interest rates by the US Federal Reserve, gold and silver prices closed on a negative note last week. MCX gold price corrected 0.42 per cent whereas spot gold price tumbled around 0.72 per cent in this period. However, bullion experts are expecting that weak US consumer sentiments data and fear of recession may support the gold and silver prices. While there are no central bank meetings next week, a lot of economic data releases are lined up from the US, Europe, and Japan that will provide further insights…
The Jobs Market Is Keeping the US Economy Churning
August 3, 2023
