Mumbai, Dec. 17 -- Gold prices moved above Dollar 4350 per ounce on Wednesday, but gains remained capped as the Dollar strengthened after touching a more than two-month low. Mixed US labour market data failed to shift Federal Reserve expectations, and the unemployment rate rising to 4.6%, the highest since 2021. In India, MCX February gold futures edged lower by 0.14% to Rs.134220 per 10 grams, pressured by a firmer rupee. The Indian currency appreciated to around 90.5 per Dollar after the central bank stepped in, with state-run banks selling Dollars to stabilise the market. Investors are now awaiting remarks from Fed officials Christopher Waller and John Williams, the US November inflation report, and monetary policy decisions from the Ban...
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