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Gold rises sharply to six-week high on dismal US labor market data

Started by forex4you, Jul 08, 2024, 06:58 am

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Gold rises sharply to six-week high on dismal US labor market data

The Gold price rallied during the mid-North American session following the release of June's US Nonfarm Payrolls (NFP) report, which exceeded forecasts, but two previous months' downward revisions hinted that the labor market is cooling faster than the figures show.

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