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Gold futures on track to post first loss in 4 sessions

April 29, 2019

Gold futures headed lower Monday after tallying gains in each of the last three trading sessions, with investors looking ahead to a busy week for Federal Reserve policy and key U.S. jobs data.

Monday data showing that profits at Chinese industrial firms grew for the first time in four months set a relatively upbeat tone for riskier global stock markets, nicking precious metals prices. Some strength in the U.S. stock market also helped to dull investor interest in gold.

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