Gold Pauses Near Year Lows as Markets Await U.S. Jobs Report
Gold held steady in early Asian trading as investors awaited U.S. nonfarm payrolls for June. Spot bullion recovered from a brief dip below $4,000 an ounce but remained close to the weakest levels of the year after suffering its largest quarterly decline in 13 years. Fed commentary emphasizing a firm 2% inflation goal and ongoing inflation risks fro…