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The Economic Times

Global Business / The Economic Times

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Gold heads for strongest week since January, US payrolls data in focus

Gold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, a drop in oil prices has influenced interest rate expectations. Investors are focused on the upcoming US nonfarm payrolls data for insights into economic conditions. Other precious metals, like silver and platinum, faced slight declines, while central bankers remain engaged in discussions about the best course for interest rate strategies.

7 Aug 2026 7:31 am