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Gold holds steady after weak US jobs data reinforce rate-cut bets(Soban News)

Gold prices held steady above $4,200 on Thursday, driven by weak private payrolls data. This reinforced expectations of a U.S. interest rate cut at the Federal Reserve’s upcoming meeting. The dollar also hit a five-week low, further favoring non-yielding assets like gold.

​Gold prices held steady above $4,200 on Thursday, driven by weak private payrolls data. This reinforced expectations of a U.S. interest rate cut at the Federal Reserve’s upcoming meeting. The dollar also hit a five-week low, further favoring non-yielding assets like gold. by Soban News (international And National News)

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