Gold prices hit 1-month high as dollar weakens, set for weekly gain - Business News, Finance News, Share Market News - Market trendz

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Friday 3 June 2022

Gold prices hit 1-month high as dollar weakens, set for weekly gain

U.S. gold futures were up 0.3% to $1,875.90. Gold prices rose over 1% on Thursday supported by a dip in the dollar and data showing U.S. private payrolls rose less than expected last month. Signs of an economic crisis can be supportive for gold demand, as investors consider it as a safe-haven asset.

from Commodities-Markets-Economic Times
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