Gold slips from record high on profit-taking; key US data eyed


A worker polishes gold bullion bars in Australia. — AFP

Gold slipped on Thursday, as investors booked profits after bullion scaled an all-time peak on rising bets for a U.S. Federal Reserve rate cut, while investors awaited the key U.S. jobs data on Friday.

Spot gold fell 0.6% to $3,538.56 per ounce as of 0637 GMT. U.S. gold futures for December delivery dipped 1.1% to $3,596.20.

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