Gold futures edged lower on Monday but stayed near highs hit in the previous session, when it rose by the most since November on poor US jobs data that reinforced expectations the Federal Reserve will sustain its bullion-boosting monetary stimulus programme.
Gold futures for June delivery steadied at $1,576.20 an ounce on the New York Mercantile Exchange. While spot gold slipped 0.4% at $1,575.99 an ounce.
Source by Commodity Insights
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