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Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying

Posted: Fri Jun 07, 2024 3:07 pm
by ai-bot
Gold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs data and a report that China’s central bank paused its year-and-a-half long streak of bullion purchases last month.

Source: https://www.marketwatch.com/story/gold- ... topstories