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Gold Extends Drop on Stronger-Than-Expected US Jobs Print

· bloomberg.com · popularity 37/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)

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Summary

Gold fell after a hot US nonfarm payrolls print, which added fuel to expectations that the Federal Reserve will seek to raise interest rates to contain inflation.

Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 12.