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Gold $3,306.06 $(12.81) -0.39% Silver $32.69 $(0.12) -0.37% Platinum $972.70 $(6.3) -0.64% Palladium $947.55 $13.8 1.48%

Gold on track for fourth weekly loss on bets for hawkish Fed

Gold on track for fourth weekly loss on bets for hawkish Fed

July 7 (Reuters) - Gold prices edged up on Friday but were on track for a fourth consecutive weekly loss as strong U.S. jobs data strengthened bets for higher-for-longer interest rates by the Federal Reserve.

Spot gold was up 0.3% to $1,915.79 per ounce by 0902 GMT, with analysts attributing the small uptick to bargain hunting. U.S. gold futures rose 0.3% to $1,921.80...[LINK]

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