Gold rebounded after decline; may face continued pressure due to US jobs data and China's halt in purchases.
Investor's lowered rate cut expectations elevate US Treasury yields and strengthen the US Dollar, impacting gold prices.
Upcoming US inflation data could influence gold prices; weak data may support earlier rate cut. Political uncertainty in Europe also plays a role.
Potential for gold rebound if core inflation data disappoints. China may resume buying gold post price stabilization from previous record highs.
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