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Gold Price Hits 5-Week Low as Dollar Gains on ADP Jobs Data, Trade Deficit 'Looms'
BullionVault GOLD PRICES fell through what technical analysts called "immediate support" at $1210 per ounce Wednesday lunchtime in London as the US Dollar rose again after new data said the United States added far more new jobs than expected in February. PRECIOUS-Gold slips on strong dollar ahead of US jobs data Gold edges up but US rate increase weighs on sentiment Avoid Gold As Short-Term Rates Continue Higher |
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