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Gold price plummets as US employment data beat expectations

MINING.COM Staff Writer | August 06, 2021 | 9:32 am Intelligence Markets USA Gold 

Gold prices took a hard fall on Friday after a strong US employment report boosted expectations the Federal Reserve could begin tapering its economic support sooner than previously anticipated. Spot gold plummeted 2.5% to $1,760.88 per ounce by 11:30 a.m....

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