Gold prices stayed mostly unchanged as gains for the safe haven commodity amid recession worries are seen offset by a soaring US dollar overseas. The yellow metal is also looking ahead to the release of reports on US consumer and producer price inflation, retail sales and industrial production later this week for further clarity. Gold futures for August are close to the flat line, up 0.21% at $1,735 an ounce. Gold is also looking at the steady decline in Bitcon, which fell under the key $20000 mark today, keeping Gold buttressed. Bitcoin is down around 53% year-to-date. Powered by Commodity Insights
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