Gold prices hovering near 2-month lows, US NFP in focus; what should investors do?

Gold prices rebounded sharply on Thursday, after the weekly jobless claims came higher than anticipation, softening the expectations ahead of the non-farm payrolls on Friday. Data showed that the weekly jobless claims jumped by 21,000 from the previous week to 211,000 in the week ended 4th March, the most since December 2022 and well above market expectations of 195,000.

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