Mumbai, Nov. 14 -- COMEX Gold is witnessing some selling pressure around three-week highs after wave of gains in last few sessions. The US dollar index is holding around 99 mark. Markets are eying an end to the historic US government shutdown and will focus on the regular flow of economic releases from next week. The metal currently trades at $4173 per ounce, down 0.51% on the day. However, it is up around 4% for the week. There is some concern about the near-term US monetary policy outlook as Cleveland Fed President Beth Hammack stated yesterday that while there has been some softening in the labor market, inflation, at around 3%, still remains above the Fed's 2% target. Due to inflation persistently outpacing the Fed goal, we need to rema...
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