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Gold futures were retreating on rising risk-sentiment, though they remained higher on week.
Futures were down 0.6% at $3,407.0 a troy ounce, though they remain up around 2.5% on week following Friday’s weaker-than-expected U.S. jobs report.
The precious metal has come under pressure from a more stable dollar and improved risk appetite after Nonfarm Payroll data prompted an initial flight to safety, Exness analysts said in a note.
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