Gold Prices Under Pressure Amid Geopolitical Uncertainty: Weekly Outlook
Gold prices are trading on a weak note as of the week of July 20, according to market analysts. Geopolitical developments are keeping investors cautious, contributing to the downward pressure on the precious metal. Manav Modi, Senior Analyst for Commodity Research at Motilal Oswal Financial Services Ltd, highlighted these factors as key drivers of the current trend. The uncertain global environment is prompting investors to reassess their positions in gold markets.
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