Renewed strength in the US dollar overseas added further pressure on gold prices, pushing it to its lowest level in nearly six week on Thursday. The dollar stuck to 20-year highs ahead of key U.S. nonfarm payrolls data due on Friday. The dollar index that measures the greenback against a basket of currencies was up 0.3% at 108.98. Higher treasury yields hovering at 3.2% also dragged the dollar higher in turn weighing down the yellow metal. Gold futures are currently quoting down 0.64% at $1715.20 an ounce. Powered by Commodity Insights
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