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Non-Farm Payrolls Reignite Interest Rate Hike Expectations, Global Gold Prices Fall Over 2%

Source: xnews.jin10.com
Non-farm payroll data has rekindled expectations for a Federal Reserve rate hike in September, with international gold prices falling more than 2% intraday. Iran plans to declare the Strait of Hormuz a "restricted zone," while US mediation has helped secure a three-day ceasefire between Russia and Ukraine.

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