Strong US jobs numbers have bolstered expectations of further Federal Reserve rate hikes, pushing gold lower as investors await upcoming inflation data.
Robust US payrolls data has reinforced expectations that the Federal Reserve will continue raising rates. The outlook has contributed to a decline in gold prices.
The easing of gold comes as markets look ahead to forthcoming inflation releases. Further verified details were not immediately available.
Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.
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