“A weaker-than-expected US NFP print is likely to bolster the dovish ‘Fed pivot’ expectations, triggering a risk rally at the expense of the US Dollar. In such a scenario, Gold price could receive the much-needed boost to resume its northward trajectory.”
“The US Treasury bond yields face a double whammy, as risk-off flows dominate while traders weigh the dovish Federal Reserve policy outlook. Gold price, therefore, could find some support if the Treasury bond yields sell-off extends.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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