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December 6, 2024

Gold Prices Bounce Back as Traders Await US Nonfarm Payrolls

Gold prices rebounded during the Asian session on Friday. After reaching a one-and-half-week low, gold rose above the $2,640 level. Any significant upward movement, however, appears limited as traders await the US Nonfarm Payrolls report. This report could shape market attitudes towards gold and influence its value moving forward. Staying alert to these developments is crucial for investors aiming to navigate the gold market successfully.

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