Gold Falls 1% as Strong U.S. Payrolls Data Douses Rate Cut Hopes
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Gold eases as investors await US payroll data for Fed policy clues
·United States
Read Full ArticleGold prices in the domestic and global market declined during Thursday's dealings, influenced by US data that showed a continued labour market force, enhancing the prospects of maintaining tight monetary policy on the part of the Fed. Said Embabi, a gold market expert, said that gold prices in local markets declined by £35 during today's dealings, compared to yesterday's closings, ...ource.
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