Gold prices rose benefitting from a softer dollar - Kedia Advisory
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Observations
* Gold Trading range for the day is 55450 - 56210
* Gold prices rose benefitting from a softer dollar, as investors expect the Fed to slow the pace of rate increases
* US inflation rate slows to 6.5%
* India's Dec gold imports plunge 79%; fall by over a third in 2022
* Preliminary estimates showed price pressures eased more than expected, with the annual inflation rate in the Eurozone hitting a four-month low.
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