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Gold $3,294.92 $4.89 0.15% Silver $36.60 $(0.12) -0.32% Platinum $1,290.90 $(1.15) -0.09% Palladium $1,196.35 $2.74 0.23%

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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