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Gold $1,926.08 $6.13 0.32% Silver $23.70 $0.31 1.33% Platinum $933.36 $12.53 1.36% Palladium $1,281.78 $21.99 1.75%

Gold backs down as Fed pause doubts lift US dollar

Gold backs down as Fed pause doubts lift US dollar

July 21 (Reuters) - Gold prices slipped on Friday as the dollar rebounded to its highest in more than a week after positive weekly U.S. jobs data renewed uncertainty over whether the Federal Reserve will stop raising interest rates after an expected increase next week.

Spot gold slipped 0.4% to $1,962.69 per ounce by 1119 GMT, but was set for a 0.4% rise this week. U.S. gold futures dropped 0.3% to $1,965...[LINK]

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