Business
Gold Prices Jump 7%
Gold prices surged to a seven-week high on Friday, on track for its best weekly gain in 8 months
BusinessNewsNation247
Gold prices jumped 7% this week. Gold prices reached a seven-week high on Friday. Gold is on track for its best weekly gain in 8 months. Weak US jobs data lowered the likelihood of upcoming rate hikes. Falling crude prices and resilient central bank demand boosted gold's appeal. However, the actual weekly gain was 8%.
Sources
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