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The Economic Times
The Economic Times
Business

Gold likely to stay range-bound next week as dollar, West Asia tensions guide market: Analysts

Gold is likely to remain volatile and range-bound in the coming week as traders track movements in the US dollar and bond yields, developments in the West Asia conflict and the direction of crude oil prices, analysts said.

After a week dominated by monetary policy and geopolitical developments, investors will turn their focus to a fresh batch of economic data, including mid-month manufacturing and services Purchasing Managers' Index (PMI readings) from major economies.

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