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Gold eases as robust US payrolls boost rate-hike bets; inflation data in focus

By GhanaSummary Newsroom1 min read
Gold eases as robust US payrolls boost rate-hike bets; inflation data in focus

"A strong inflation print would reinforce expectations of a Fed hike, lift yields further and weigh more heavily on gold."While gold is typically ​viewed as an ⁠inflation hedge, higher interest rates tend to weigh on the appeal of non-yielding bullion.

Spot gold was down 0.

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