Gold retreats towards $4,000 as strong US jobs data lifts rate expectations
KEY POINTS MAIN STORY Gold prices extended their late-week decline as stronger US employment data strengthened expectations that the Federal Reserve could raise interest rates to contain persistent inflation. Bullion traded around $4,070 an ounce after losing 0.4 per cent on Friday, as October employment figures showed a sharp increase in job growth and a … Continue reading Gold retreats towards $4,000 as strong US jobs data lifts rate expectations
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