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Closing Bell: Nifty around 22,050, Sensex up 105 pts; auto, metal, realty gain.
BSE Midcap and Smallcap indices ended on a flat note.
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Gold prices sink below $2,150 ahead of Fed meeting; copper rally cools.
Gold prices fell in Asian trade on Monday, losing a key support level as traders turned averse to non-yielding assets before more signals on interest rates from a Federal Reserve meeting later in the week.
A rally in industrial metals also appeared to have stalled, with copper prices easing after rallying to 11-month highs last week. Middling Chinese economic data also spurred some profit-taking in the red metal.
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Gold prices steady before Fed meeting; copper rallies higher.
Gold prices moved little in Asian trade on Friday as stronger-than-expected inflation data spurred more fears that the Federal Reserve will signal higher-for-longer interest rates at an upcoming meeting.
But this sentiment did little to deter a rally in copper prices, which surged to new 11-month highs on Friday as expectations of substantially tighter Chinese supplies spurred heavy buying in the red metal.
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Oil prices rise on tighter supply, geopolitical risks..
Oil prices ticked up in early Asian trading on Monday, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening.
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Gold listless as central bank meetings loom, dollar holds firm..
Gold struggled for momentum in early Asian hours on Monday as the dollar held firm and investors braced for a series of major central bank policy meetings including the U.S. Federal Reserve this week. FUNDAMENTALS
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