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Gold price slumps as strong US NFP hints small Fed rate cuts

https://www.fxstreet.com/news/gold-tumbles-as-strong-us-nfp-data-points-to-gradual-fed-rate-cuts-202410041746
Gold price retraces after a stronger-than-expected US jobs report hinted that the labor market remains solid and that the Federal Reserve (Fed) will likely ease policy in 25-basis-point (bps) chunks…