China Fixed Asset Investment (YTD) (YoY) below expectations (3%) in November: Actual (2.9%)

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Gold trades flat above $2,060 amid the quiet session


Gold trades flat above $2,060 amid the quiet session

Gold price hovers around $2,065 after retracing from $2,088 during the early Asian session on Friday. The rebound in US Dollar and higher US Treasury bond yields weigh on the yellow metal. The downside of gold might be limited amid the anticipation of a rate cut by the Federal Reserve in March 2024.


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