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Gold demand drops about 16% in the second quarter of 2014, the World Gold Council says.
The jobs report set aside fears that the Fed will have to raise rates sooner than anticipated.
Ahead of the jobs report, the debate intensifies if the Fed is focusing too much on the labor market and not enough on inflation.
Fed's emphasis on job weakness suggests new chairmwoman doesn't consider inflation a threat right now
The U.S. economy grew much more than expected in the second-quarter, but the good news begs the question of how the Fed will respond.
Multiple rulings this week on Russia will push Brent crude prices over $110 a barrel.
Don't get caught up in the misconception that gas prices will rise if the U.S. lifts its oil export ban.
Jobless claims hit an eight-year low, according to the Labor Department, but hiring remains a weak spot in the economic framework.
Bank of America-Merrill Lynch global head of commodities research says oil companies may have trouble doing business with Russia after the downed Malaysia Airlines flight.
Inflation pressures pull back, at least for now.