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PRECIOUS METALS | Spot Gold Gives Back All Gains Made This Year After U.S. Jobs Data

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2026-06-05 18:40:21
Spot gold gave back all gains made this year after U.S. employment data strengthened market expectations that the Federal Reserve will raise interest rates.

According to Jin10, the shift in expectations followed the release of the U.S. jobs figures, which reinforced bets on further Fed tightening.
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