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The stronger-than-expected jobs report prompted traders to pare back expectations that the Federal Reserve could cut interest rates as soon as March. However, it did not change views that the U.S. rate-hiking cycle was complete.
"The broader economic situation looks better than it did three months ago and inflation seems to be coming down the way the Fed wants, and in such a situation there is less need for safe-havens like gold," said Everett Millman, chief market analyst at Gainesville Coins.
WHO released an updated plan for COVID-19, includes three possible scenarios for how the virus might evolve in the coming year.