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Market Impact: 0.2
Gold prices remain down as U.S. JOLTS highlight ongoing weakness in labor market
Source: kitco.com
Commodities & Raw MaterialsEconomic DataInterest Rates & YieldsInflation
Gold is under pressure, testing support around $4,350/oz as the U.S. labor market continues to lose momentum and job availability remains uninspiring. The weaker employment backdrop is weighing on near-term gold sentiment, keeping price action sensitive to expectations for rates and inflation.
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mildly negative
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