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Gold Futures Settle Sharply Lower As Dollar Rises After Strong Jobs Data

Gold prices tumbled on Friday as the dollar firmed against its major counterparts after data showed stronger than expected in U.S. non-farm payroll employment in the month of January. The dollar index surged to 102.92, gaining nearly 1.2%. The strong jobs data raised hopes that interest rates would remain elevated for several months. Gold futures […] The post Gold Futures Settle Sharply Lower As Dollar Rises After Strong Jobs Data appeared first on ForexTV... Read More
Posted: Feb 3 2023, 22:44
Author Name: forextv
Views: 110971

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