Commodity Talk: Gold may fall 1-2% in near term amid high volatility, says Naveen Mathur of Anand Rathi

The US data since the last FOMC meeting were mixed as the Manufacturing PMIs remain below 50 since the start of the year while labour market still remains tight as seen in ADP figures. Meanwhile, the non-farm payrolls continued to decline over the past 2 months, showing early signs of moderating Jobs growth

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