Gold steadied after a two-day advance as traders weighed the outlook for the Federal Reserve's easing path ahead of key jobs figures due later in the week. Gold bullion traded up 0.5% on Wednesday as a report showed U.S. private-sector hiring and wage growth slowed in December. The Fed will need to balance that with renewed inflation fears when deciding whether to cut interest rates, with the central bank's minutes from last month's meeting reiterating a more cautious approach to easing.
As of this writing, gold is trading at $2,660
Source: Newsmaker.id
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