“Gold price traded modestly down with spot gold at Comex was trading lower by 0.06% at $2,003.0 per ounce in the morning trade. Upside was capped by hawkish commentary from Federal Reserve officials while weaker US macro data protected the downside in yellow metals. Data showed the labour market is starting to soften,” Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities said.
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