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GOLD EASES IN ASIA AS DOLLAR FIRMS AND MARKETS AWAIT INFLATION DATA

Published on Dec 18, 2025 15:06

Gold futures edged lower near $4350 per ounce in early Asian trade as the dollar strengthened ahead of the closely watched US November CPI report, expected to show inflation remaining above the Federal Reserve�s target. The dollar index hovered above 98, extending recent gains and weighing on bullion prices. On MCX, February gold futures slipped 0.4% to ₹134360 per 10 grams, tracking weakness in international markets. Fed Governor Christopher Waller said there remains scope for rate cuts amid signs of a softening labor market, offering some underlying support to gold. Geopolitical tensions added a cautious undertone as the US moved to halt sanctioned Venezuelan oil shipments, while Russia reiterated its firm stance on territorial demands in Ukraine.

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