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Gold Prices Edge Higher Amid Iran Talks and Labor Market Reports

Guavy AI Editorial Team
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Gold
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Gold prices nudged higher on Tuesday as investors weighed mixed signals on potential U.S.-Iran talks and awaited key labor market reports for clues on the Federal Reserve's interest-rate trajectory.

The spot price of gold rose 0.2% to $4,059.81 per ounce by 0257 GMT, with investors looking ahead to reports on the U.S. labor market, including job opening data later in the day, the ADP employment report on Wednesday, and nonfarm payrolls figures on Friday.

Investors are closely watching these reports for any signs of inflationary pressures that could influence the Federal Reserve's interest-rate decisions.

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