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Commodities

Gold Prices Spike on Easing Dollar, Yields

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Gold
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Gold prices surged today as investors responded to easing US dollar and Treasury yields. Spot gold rose by 0.5% to $4409.97 per ounce, while US gold futures climbed 0.9% to $4455.30 per ounce.

The increase in gold prices comes ahead of the release of US nonfarm payrolls data, which is expected to influence expectations for the Federal Reserve's next policy move.

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