Gold prices kicked off August in the red as the appreciation of the U.S. dollar weighed on precious-metals prices even after the latest data on the U.S. manufacturing sector showed it contracted for the ninth consecutive month in July, while employment openings in the U.S. edged lower in June.
Price action
Market drivers
Gold futures were under pressure on Tuesday as Treasury yields edged higher and the U.S. dollar firmed, despite mixed batch of economic data which offers more insight into the state of the…
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