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Weekly Commodities Fundamental Report – 23 June 2023

Updated on: Jun 27, 2023, 3:07 PM IST
Weekly Commodities Fundamental Report – 23 June 2023
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Gold: Gold’s weekly performance was marked by a decline as the US dollar rebounded, diminishing its appeal to buyers using other currencies. On Tuesday, gold faced further weakness due to strong US housing starts data and a firmer dollar. Further, the market waited eagerly for the US Federal Reserve Chair, Jerome Powell’s testimony, as it was anticipated to offer some crucial insights into future interest rates.

Published on: Jun 27, 2023, 10:18 AM IST

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