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December 3, 2024

Gold Price Analysis: Will Support at $2,635 Hold Amid NFP Report?

Gold (XAU/USD) remains stable above the crucial support level of $2,635 as the market awaits the upcoming NFP report. Geopolitical uncertainties and Federal Reserve guidance play vital roles in determining Goldโ€™s short-term price trajectory. Watch for potential shifts in market sentiment that could affect Goldโ€™s standing in the commodities market.

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