Gold was pressured as weekly initial jobless claims rose the least in a month, missing expectations...
The pressure on gold came as Thursday's jobless claims figures eased concerns about the strength of the US labour market...
On the other hand, gold got some relief after we saw relatively large outflows from major US bond ETFs...
Geopolitically, markets are still cautious about how the conflict in the Middle East could develop, anticipating the Iranian response to Israel...
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