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The Economic Times
The Economic Times
Business

US Fed action, oil swings to test bullion as traders eye West Asia risks: Analysts

Gold and silver are heading into a crucial week, with the Federal Reserve's interest rate decision, oil price movement and the US-Iran conflict determining whether bullion extends its recovery or comes under renewed pressure, analysts said.

Apart from the Fed's decision, investors will monitor US Consumer Confidence, Core Personal Consumption Expenditures (PCE) inflation data, weekly jobless claims and monetary policy announcements by the Bank of England and the Bank of Japan.

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