Washington: Gold prices stayed soft on Friday after strong employment numbers from the United States lowered expectations of an early interest rate cut by the Federal Reserve. The latest figures showed that the US economy added far more jobs than expected in September, pushing the dollar higher and weighing on global precious metal prices.

Spot gold slipped to around four thousand seventy three dollars an ounce, while US gold futures made only a slight gain. Analysts said the stronger dollar made gold more expensive for buyers using other currencies, reducing demand in the short term.

The jobs report showed an increase of one hundred nineteen thousand nonfarm payrolls, more than double earlier estimates. This led traders to scale back expectations of a rate cut next month, with the pro

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