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Gold futures on Friday marked their highest settlement since early September as U.S. Treasury yields declined in the wake of a better-than-expected rise in October U.S. nonfarm payrolls. The strong jobs report “does not change the message that the [Federal Reserve] sent this week that they will not commit to a rate hike in 2022, and this is why real yields are finishing the week lower,” said Edward Moya, senior market analyst Oanda.
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