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Monday, October 2, 2023

Gold futures head lower, pare their gain for the month

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Gold futures head lower on Friday, pressured by strength in U.S. dollar, with prices still struggling to move past the psychological $2,000 mark and looking to post a modest gain for the month.

Price action
Market drivers

Traders are in wait-and-see mode as they look for more insight into whether the Federal Reserve will continue raising interest rates at its policy meeting next week.



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