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Market Impact: 0.3
Gold claws back from brutal jobs selloff as markets brace for key inflation data
Source: kitco.com
Economic DataInterest Rates & Yields
Stronger-than-expected employment data triggered a sharp early-weekend selloff in gold prices, underscoring renewed market sensitivity to rate expectations. With the move attributed to the employment surprise, the near-term backdrop remains cautious for gold bulls heading into the long weekend.
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