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Gold Slips as Investors Book Profit

Yahoo Finance
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Gold Slips as Investors Book Profit

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LIVEDow Set to Open Down Ahead of Crunch Jobs DataLast Updated: 1 hour agoGold Slips as Investors Book ProfitByGiulia Petroni, Dow Jones NewswiresGold prices slipped in early trading as investors booked profits ahead of key U.S. data that could provide cues on the Federal Reserve's policy path next year.Futures in New York fell 0.7% to $4,305 a troy ounce, though prices remain near October's record highs supported by expectations of further easing and sustained investor demand.New York Fed President John Williams this week struck a balanced tone in his remarks following the Federal Open Market Committee decision, saying monetary policy is well placed heading into 2026, while Fed Governor Stephen Miran advocated for more rate cuts.

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Source: Yahoo Finance