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December 6, 2024

Gold Anticipates Key US Jobs Data Amid Bond Yield and Dollar Trends

Gold prices consolidated within a tight range ahead of the Nonfarm Payrolls report. The US Treasury yield and dollar have remained weak, creating an atmosphere of uncertainty in the gold market. Traders must navigate these dynamics to understand potential movements ahead. Market participants should prepare for changes as the data release approaches and stays attuned to economic signals that could sway trends.

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USD/CHF Rises as Traders Analyze Market Movements

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PBOC Sets USD/CNY Reference Rate for December 6 at 7.1848

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