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May 2, 2025

Gold Price Gains Momentum Ahead of Key US Jobs Report

Gold prices (XAU/USD) are attracting dip-buyers during the Asian trading session on Friday. The price shows potential to extend gains following a bounce from the $3,200 area, which was a two-week low. This uptick appears to be driven by trader repositioning ahead of the high-stakes US Nonfarm Payrolls (NFP) report set to be released later today.

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