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The Economic Times

Business / The Economic Times

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Gold rises off one-month low; firm dollar, hawkish Fed cap gains

Gold prices saw a slight increase on Thursday after hitting a one-month low. However, a strong dollar and the Federal Reserve's hawkish stance limited further gains. Oil prices surged above $110 a barrel following an attack on Iranian energy facilities. This has raised inflation concerns. The US and Canada central banks held rates steady but warned of persistent inflation risks.

19 Mar 2026 7:35 am