Aug 27 - Gold prices fell on Tuesday, weighed down by higher U.S. bond yields, as markets await inflation data that could shed light on the scale of an expected interest rate cut from the Federal Reserve next month.
The benchmark U.S. 10-year yields rose, making the non-yielding bullion less attractive for overseas buyers. Traders see a 65.5% chance of a 25-basis-point rate cut in September and about a 34.5% probability of a bigger 50-bp reduction, according to the CME FedWatch tool.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: KitcoNewsNOW - 🏆 13. / 78 और पढो »