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Ed Yardeni Warns Gold Could Sink To $4,000 After Sharpest Weekly Decline In Months—But Doesn't Stop Being
Gold falls after a strong US payrolls boost rate expectations, raising carry costs and pressuring prices below key technical levels.
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economictimes.indiatimes.com
PRECIOUS-Gold falls about 3% as robust US jobs data cements bets on higher rates
Gold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This data reinforced expectations that the…
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newsbytesapp.com
Gold sees biggest fall in 2 months: What's the reason?
Gold prices plunged over 3% as robust US jobs data boosted expectations of Federal Reserve rate hikes, with rising bond yields and a stronger dollar pressuring the precious metal.
