Bullionguru’s,”Gold down in Asia as dollar rebounds from overnight”

Gold prices fell on Friday as the dollar rebounded and investors looked ahead to more data on U.S. inflation.

Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell 0.33% to 1,219.28 a troy ounc .Overnight, gold prices pared losses on Thursday, as downbeat initial jobless claims and private sector payrolls data curbed investor expectations about the pace of rate hikes this year.

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