Gold prices settled lower Wednesday, giving back roughly half of what they gained a day earlier. Upbeat data on U.S. private-sector jobs helped the U.S. dollar reverse losses fueled by news that Gary Cohn, the top economic adviser to President Donald Trump, will leave his post. Gold prices fell even further in electronic trading from their settlement shortly after the release of the U.S. Federal Reserve’s Beige Book, which offers a snapshot of domestic economic activity. Among the report’s findings was “modest to moderate” growth across the country. April gold was at $1,326.10 an ounce in electronic trading. Prices had lost $7.60, or 0.6%, to settle at $1,327.60 an ounce after climbing 1.2% on Tuesday.
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