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Gold Tumbles As U.S. Jobs Report Boosts Rate Hike Expectations
Source: Nasdaq
InflationInterest Rates & YieldsEconomic DataEnergy Markets & PricesMarket Technicals & Flows
Gold prices fell on Friday after a strong U.S. nonfarm payroll report renewed expectations for an interest-rate increase. The payroll data partially offset prior gains, pressuring gold as yields and tightening expectations strengthened.
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