Gold Price Forecast: XAU/USD to remain under pressure ahead of NFP Gold XAUUSD Fed NFP
US August jobs report could impact the dollar's valuation in a significant way
“On Thursday, the ISM Manufacturing PMI from the US will be looked upon for fresh impetus. Experts forecast the headline PMI to stay largely unchanged at 52.6 in August and expect the Prices Paid Index to climb to 75 from 60 in July. In case the inflation component confirms that price pressures continued to ease in August,“Investors will pay close attention to the US Bureau of Labor Statistics August jobs report.
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