Spot gold prices rose 1.1 percent to $4,074.65 as of 6:30 am on Thursday (July 2). The previous day, gold had risen to its highest level since June 23. At the same time, the price of US gold futures for August delivery also rose slightly to $4,087.
Reuters says that weaker-than-expected US employment data and lower oil prices have eased concerns about inflation. At the same time, investors are also waiting. This has affected gold prices.
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