MONDAY GOLD NEWS UPDATE BY WWW.DECENTCOMMODITY.COM,CALL FOR MORE INFORMATION : 9027455664

Gold prices rose on Monday, and hovered near a record peak hit in the previous session, as remarks from Federal Reserve Chair Jerome Powell and U.S. economic data last week cemented hopes for a rate cut in June.
  • Spot gold edged 0.2% higher to $2,181.27 per ounce, as of 0134 GMT, not too far from a record peak of $2,194.99 hit on Friday.
  • U.S. gold futures edged 0.1% higher to $2,188.20.
  • Non-farm payrolls increased by 275,000 jobs last month, above economists’ expectations for 200,000 jobs gains, data showed last Friday. Data for January was revised down to show 229,000 jobs created instead of 353,000 as previously reported.
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