XAU/USD: Gold Falls Sharply on Upbeat US Private Sector Payroll Data

<p>Gold price fell sharply on Thursday, after US ADP private payrolls rose way above expectations in June (497K vs 228K f/c and downwardly revised May figure from 278K to 267K). Upbeat data point to strong labor market, despite growing fears of recession, due to high borrowing cost and improve the overall sentiment, prompting traders into […]</p>
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