Gold recently takes clues from the market optimism and hence a pullback in stock futures as well as the US 10-year Treasury yields, seem to have weighed on the prices.
Update: Gold is consolidating near three-month highs of $1818 so far this Friday, having witnessed a blistering rally finally above the $1800 level on Thursday.
The price of gold ignored strong US Jobless Claims, as all eyes remain on Friday’s NFP data, which is expected to show a rise of 978K last month.
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EU, US backs waiver of covid vaccine IP, Fed policymakers, except for Kaplan, push back tapering expectations.
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