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Gold Rebound Falters as Hawkish Fed and NFP Data Threaten Gains

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Gold prices gained recently but face renewed downside risks from hawkish Federal Reserve commentary and inflation concerns driven by rising oil prices.
  • Market participants are watching upcoming US nonfarm payrolls data, where a strong report could boost Treasury yields and cap gold's upward momentum.
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XAUUSD price history

4371.90 -8.27% over the displayed period

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