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Gold Futures Settle Higher As Dollar Weakens After Jobs Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Gold futures settled higher on Friday as the dollar fell sharply after data showed a smaller than expected increase in U.S. non-farm payroll employment in the month of June.

The dollar index dropped to 102.23, losing more than 0.9%.

Gold futures for August ended higher by $17.10 or about 0.9% at $1,932.50 an ounce. Gold futures gained 0.2% in the week.

Silver futures for September ended $0.399 up at $23.289 an ounce, while Copper futures for September settled at $3.7820 per pound, gaining $0.0475.

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