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Gold prices rebound on US unemployment data

Jackson Chen | May 07, 2020 | 10:01 am Intelligence Markets USA Gold 

Gold prices rebounded on Thursday as new data shows surging unemployment figures in the US, stoking fears over a global economic downturn. Spot gold rallied back above $1,700 an ounce, up 2.2% to $1,722.49 as of 2:30 p.m. ET. Gold...

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