Gold steady as Hormuz tensions cloud Fed outlook; traders eye payrolls

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Gold steady as Hormuz tensions cloud Fed outlook; traders eye payrolls

AI Summary

Gold prices remained steady amid rising tensions in the Hormuz region, which has created uncertainty around the Federal Reserve's outlook. Traders are also closely monitoring upcoming payroll data for further market cues.

World Politics Markets Commodities Energy gold prices Hormuz tensions Federal Reserve payroll data traders market uncertainty

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