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Tight Ahead Of NFP

GOLD

Conflicting inputs from a stronger USD and marginally lower U.S. real yields (although our weighted U.S. real yield monitor continues to operate comfortably off of the cycle lows) leave gold within the confines of a tight range. The initial technical lines in the sand remain untouched, with today's NFP print the key input ahead of the elongated U.S. weekend. Spot last deals little changed, just shy of $1,780/oz.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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