Gold surpasses $4,000 mark

Gold prices have declined to around $3,942 an ounce as markets await the U.S. jobs report, which will determine the likelihood of a Federal Reserve interest rate increase. The markets are in a cautious mood, with investors awaiting data that could confirm the strength of the labor market and support the continuation of monetary tightening policies, amid ongoing geopolitical tensions in the Middle East and the oil markets.

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