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Global Gold Drops 2% Weekly... Markets Await Fed and US Jobs Data
May 2, 2026
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Gold prices stabilized in local markets during Saturday's trading, coinciding with the weekly break of the global exchange, while the global ounce recorded weekly losses for the second consecutive week at a rate of 2. This was affected by the continuation of the restrictive US monetary policy, high oil prices, and escalating inflationary fears, according to a report by the «Marsad Al Dahab» for Economic Studies.
Sada Elbalad
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