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Gold $3,370.32 Silver $36.32 $(0.42) -1.15% Platinum $1,268.44 $(51.83) -3.93% Palladium $1,037.85 $(9.34) -0.89%

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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