Gold prices fell as U.S. Treasury yields rose, with investors focusing on economic data to gauge the Federal Reserve's interest rate outlook. The U.S. jobs report on Friday will be closely watched for clues on the Fed's rate path this year. Goldman Sachs pushed back its gold price forecast to Q2 2026, citing fewer Fed rate cuts. The bank noted that lower speculative demand and higher central bank buying have kept gold prices range-bound in recent months.
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