Gold gains on risk aversion despite strong US payrolls data
Gold prices rose over 1% on Wednesday as investors avoided riskier assets despite stronger-than-expected private U.S.
The US economy added 42,000 private-sector jobs last month, more than expected
Private-sector job creation bounced back in October, according to a snapshot of the labor market that has become more closely watched in the absence of official federal jobs data.
Gold Futures Trade Higher After U.S. Private Payrolls Rise
Gold prices rise in early trading as investors await U.S. private payroll data for cues on the Federal Reserve’s next policy move. Futures in New York are up 0.9% to $3,991.60 a troy ounce. “Gold ...
The Business Times
Gold edges lower as US jobs data dents rate-cut expectations
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Read more at The Business Times.
US July payrolls rise more than expected
U.S. job growth surged much more than expected in July and the unemployment rate ticked lower, giving the Federal Reserve enough cushion to stay on its aggressive rate hike path as it tries to tame ...
Stock market today: Dow, S&P 500, Nasdaq rise as tech rebounds, Supreme Court questions Trump tariffs
ADP private payrolls took center stage as the US shutdown, which has stifled the flow of official data, became the longest ...