Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes

Gold is hovering around seven-week highs and enters its fourth consecutive winning session. A weaker ADP report reduces the chances of a Fed rate hike in September, which would provide some relief for non-yielding gold.

Source: CNBC

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Category General

Source CNBC

Published 2 months ago

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News ID #1,865

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