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GOLD CONSOLIDATES IN NARROW RANGE AHEAD OF CRITICAL US RELEASES

Published on Feb 10, 2026 14:59

Gold futures edged lower on Tuesday, slipping below the $5,070 per ounce mark as a firmer US dollar and pre-data caution weighed on prices. Market focus has shifted squarely to upcoming US labour and inflation readings, which are expected to refine expectations around the Federal Reserve�s policy trajectory. While geopolitical tensions continue to lend underlying support to safe-haven demand, near-term price action remains restrained as investors await clarity on the timing and magnitude of potential rate cuts. On the domestic front, MCX April gold futures eased 0.3% to ₹1,57,669 per 10 grams, and is seen consolidating in narrow range after record rally to Rs 190000 late last month.

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