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Gold futures rise to a contemporary file on mounting expectations of a U.S. interest-rate minimize and safe-haven demand.
Futures are up 1% at $3,627.80 a troy ounce, having risen as excessive as $3,631.0/oz earlier within the session.
Weaker-than-expected U.S. job openings information launched Wednesday highlights a cooling labor market, reinforcing expectations of a charge minimize, FP Markets’ Aaron Hill says in a be aware. Decrease charges increase the attraction of non-interest-bearing bullion.
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