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Gold prices slump as investors keep eye on US Federal Reserve meeting

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Gold prices slump as investors keep eye on US Federal Reserve meeting

timestampJun 15, 2021 authorAlShorts Web Desk

Gold prices plunged and are expected to slump further if the US Federal Reserve announces a rate hike in its meeting on Wednesday. In the national capital Delhi, the price of the precious yellow metal dropped by INR464 to INR47,705 per ten grams. The dollar's rebound has also pushed gold prices down. Experts said the time is right to buy the precious to make profits in the near future.

Latest News

Several injured after tourist boat sinks in river Nile

Reports warn against violence, deforestation caused by gold mining

PIA to resume flights to Kabul

UAE logs 725 new cases of COVID-19

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