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Gold Hits a Fresh High as US Reports Weak Jobs Data
Financial Express Kolkata
|September 06, 2025
GOLD'S POWERFUL RALLY
GOLD'S POWERFUL RALLY took on fresh legs on Friday, with prices hitting a record high and getting closer to $3,600 per ounce, as weak US jobs data further raised expectations for a bullion-supportive Federal Reserve rate cuts.
Spot gold was up 1.4% at $3,596.49 per ounce, as of 1402 GMT, having hit a record $3,596.76 earlier. The metal is now on track for its strongest weekly gain in nearly four months. US gold futures for December delivery rose 1.3% to $3,653.30.
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