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Sept. 1, 2021, 1:44 p.m. EDT

Gold futures ease back as investors await jobs report

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    Gold Dec 2021 (GCZ21)

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By Myra P. Saefong

GCZ21

Gold futures fell on Wednesday, giving back a portion of the gains seen a day earlier. Gold will continue to "consolidate" until this Friday's U.S. labor market report, said Edward Moya, senior market analyst at Oanda. "After Friday, Wall Street will have a good handle on when to expect the [Federal Reserve] to make a taper announcement," he said. December gold /zigman2/quotes/210039437/delayed GCZ21 +0.45% fell $2.10, or 0.1%, to settle at $1,816 an ounce after ending Tuesday up 0.3%.

/zigman2/quotes/210039437/delayed
US : U.S.: Nymex
$ 1,792.30
+8.00 +0.45%
Volume: 181,967
Nov. 26, 2021 1:44p
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