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Gold price halts losing streak; correction in the US$

Gold price halts a losing streak due to correction in the US Dollar.Greenback extends losses after weaker-than-expected US employment data.Higher US Treasury yields beat the non-yielding assets like Gold.

Gold price snaps the losing streak that began on September 25, trading around $1,830 per troy ounce during the early Asian trading session on Thursday. However, the prices of Gold could face challenges due to market caution regarding the US Federal Reserve's (Fed) interest rate trajectory.

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