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Commodity Market | Gold firms as dollar dips on US Federal Reserve#39;s dovish stance on rate hikes

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Higher rates raise the opportunity cost of holding gold, which is priced in dollars and does not yield any interest.

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​ Higher rates raise the opportunity cost of holding gold, which is priced in dollars and does not yield any interest. Higher rates raise the opportunity cost of holding gold, which is priced in dollars and does not yield any interest.  Moneycontrol Latest News Read More  

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