Gold Falls 1 Percent on Strong US Payrolls
Gold prices fell 1 percent after stronger than expected US payrolls data boosted the dollar and Treasury yields. The resilient labor market reinforced expectations that the Federal Reserve could keep interest rates higher.
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Xurve View
Gold fell 1% during Friday morning trade after stronger-than-expected payrolls data reinforced expectations that the Federal Reserve could keep interest rates elevated. The labor market report boosted the dollar and Treasury yields across the board.
