Gold off one-year highs as dollar firms ahead of US payrolls data

Gold off one-year highs as dollar firms ahead of US payrolls data
# 06 April 2023 09:15 (UTC +04:00)

Gold prices slipped from one-year highs on Thursday as the dollar regained some ground, while investors awaited the U.S. non-farm payrolls report to gauge the Federal Reserve's monetary policy strategy, APA-Economics reports citing Reuters.

Spot gold was down 0.5% at $2,011.18 per ounce, as of 0334 GMT, after hitting its highest since March 2022 on Wednesday. U.S. gold futures fell 0.4% to $2,028.40.

Spot silver shed 0.8% to $24.78 per ounce, platinum rose 0.4% to $1,001.43 and palladium fell 0.2% to $1,426.18.

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