Gold prices fell on Friday after the release of stronger-than-expected U.S. payrolls data, lowering the expectations of interest rate cuts from the Federal Reserve. The decline was also influenced by the rise in 10-year Treasury yields and developments surrounding the U.S. banking sector and debt ceiling.
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Gold Slides on US Jobs Growth as Fed-led Rally Fizzles
![Gold Slides on US Jobs Growth as Fed-led Rally Fizzles]()
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May 05, 2023
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