@secamcommunityminers: Gold prices fell below $4,500 per ounce on Wednesday, extending losses from earlier in the week as stronger-than-expected US labor market data reinforced expectations that the Federal Reserve may keep interest rates elevated for an extended period. Data released on Tuesday showed US job openings surged in April to their highest level in nearly two years, while layoffs declined, pointing to continued resilience in the labor market. Investors are now focused on Friday’s closely watched nonfarm payrolls report for further clues on the trajectory of monetary policy. Meanwhile, ongoing uncertainty surrounding US-Iran peace negotiations contributed to higher oil prices, fueling concerns about inflation and strengthening the case for a more restrictive Fed stance. Still, President Donald Trump stated that talks remain underway, while reports suggest Iranian officials are reviewing a “final text” that could be submitted to the US as negotiations continue. #Germany #Australia #Thailand #preciousstones #goldbuyers

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Wednesday 03 June 2026 11:10:13 GMT