Gold prices tended to be stable at the start of the Asian session, as market participants held their breath awaiting the November US employment report (Nonfarm Payrolls), which will be released today. For now, the spot gold price is barely changing at around $4,306.60 per ounce.
According to Fawad Razaqzada, a market analyst at FOREX.com, the market is currently expecting only around 50,000 new jobs. At the same time, the unemployment rate is predicted to rise to 4.5%, which could signal a slowing US economy.
If the results are weaker than expected (a downside surprise), the market could become even more confident that the Fed will cut interest rates sooner. Typically, expectations of lower interest rates weaken the dollar and yields—this is often what fuels gold prices. (az)
Source: Newsmaker.id
Gold did rise on Monday, driven by a weaker US dollar and falling US bond yields, plus demand for safe haven assets ahead of a key data week. But entering the US session, gold began to lose momentum ...
Gold rose 1% on Monday (December 15) and held near a seven-week high, supported by a weaker dollar, expectations of interest rate cuts, and safe-haven buying due to geopolitical tensions, while silver...
Gold prices halted their rise after a four-day rally, as comments from Federal Reserve (Fed) officials raised doubts about whether the US would cut interest rates again next year. On Monday, gold was ...
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353 as traders digest comments...
Gold prices fell slightly in tonight's US session after previously hovering near a seven-week high. Amidst the already high levels, many market participants opted to take profits, leading to selling p...
The Hang Seng Index fell 393 points, or 1.5%, to 25,217 on Tuesday (December 16), closing at a nearly four-week low and extending the previous session's sharp decline as mainland Chinese stocks slumped further and traders grew nervous ahead of key...
European stocks are expected to open lower on Tuesday (December 16), reversing gains seen earlier in the week. Shortly after the opening bell, the pan-European Stoxx 600 index fell 0.2%, with most sectors and major bourses in negative...
Gold prices are currently moving lower on Tuesday (December 16th). Pressure stems from profit-taking after previous gains, as well as market adjustments ahead of the release of important economic data. This has led some market participants to hold...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...