Gold prices held steady on Friday and remained poised for weekly gains, driven by fiscal concerns stemming from U.S. tax cuts and increased government spending. However, stronger-than-expected U.S. jobs data — with 147,000 new jobs added in June and an unemployment rate of 4.1% — limited further upside. Market sentiment was also influenced by President Trump’s announcement of upcoming tariff measures and stalled talks with Russia over the Ukraine conflict.
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