Gold prices fell 0.7% today as positive US jobs data increased rate hike expectations. While geopolitical tensions and high oil prices provide counterbalance, upcoming inflation readings are crucial in determining the market's trend for precious metals amid rising interest rates.
Gold prices fell 0.7% today as positive US jobs data increased rate hike expectations. While geopolitical tensions and high oil prices provide counterbalance, upcoming inflation readings are crucial in determining the market's trend for precious metals amid rising interest rates.
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