According to reports from Jinshi Data, due to the decline in the US dollar and US Treasury yields, gold futures rose in relatively light trading. Overall, there was a decline this week due to significant sell-offs on Thursday. SP Angel analysts stated that the outflow of ETF funds indicates that traders and investors have taken profits. Easing trade tensions have reduced gold's appeal. Trump announced he does not intend to fire Powell. The focus shifts to Friday's US employment data; if the data is weaker than expected, it will boost optimism for the Federal Reserve to lower interest rates, which is favorable for non-yielding gold.

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