Gold was giving up some of its recent gains on Thursday, as investors opted to lock in profit ahead of Friday’s nonfarm payrolls report.
The most actively-traded bullion futures contract slipped 0.9% to $3,604 an ounce in early trading. It had peaked at $3,640 an ounce on Wednesday.
Gold has been surging this week, with investors on edge about a potential flare-up in inflation and President Donald Trump’s push to reform the Federal Reserve.
www.barrons.com
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