Gold climbs after weaker-than-expected private payrolls data
Gold prices rose on Wednesday to hit a near four-week high after a weaker than expected private employment report for December provided reassurance for some in the market the U.S. Federal Reserve may ...
devdiscourse16d
U.S. Job Report Eases Rate Cut Concerns
U.S. stock index futures saw reduced losses as a softer-than-expected private payrolls report indicated a potential easing in the Federal Reserve's cautious stance on interest rate cuts. The ADP ...
Nonfarm Payrolls preview: Volatility remains high as lead indicators have been mixed
The December payrolls report is expected to show a sharp reduction in jobs growth at the end of 2024. Analysts are expecting a 165k increase in payrolls, this compares to a 227k increase for November.
Gold prices rise following strong nonfarm payrolls release
Spot gold rose 0.1% to $2,672.12 an ounce, while gold futures expiring in February rose 0.2% to $2,695.74 an ounce by 23:58 ET (04:58 GMT). Spot prices were trading up about 1.5% this week, as ...