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Gold Prices Near Flat; Better-than-anticipated U.S. Occupations Report in Focus

Gold costs were close level on Monday in Asia as brokers stayed wary in front of a congressional declaration by Federal Reserve Chairman Jerome Powell in the not so distant future.

Gold prospects for August conveyance on the Comex division of the New York Mercantile Exchange were up 0.02% at $1,401.25 a troy ounce by 12:16 AM ET (04:16 GMT).

On Friday, the U.S. announced a higher-than-anticipated ascent in June’s U.S. occupations. The nation included 224,000 new occupations during the month, as per the report. In the mean time, the jobless rate rose to 3.7% from 3.6% and wages developed by an unaltered 3.1%.

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