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Gold Little Changed as Traders Eye Outlook for Fed Rates
Gold steadied as traders weighed comments from Federal Reserve officials as well as data showing a dramatic weakening in the US jobs market, raising the prospect of lower interest rates. Bullion was little changed just below $4,000 an ounce, paring gains made earlier in the session. Markets were buffeted early Thursday by a report that showed US companies had announced the most job cuts for any October in more than two decades, according to data from outplacement firm Challenger, Gray & Christmas Inc. The dollar weakened. Weaker jobs numbers bolster the case for the Fed to cut borrowing costs, which would be a boon ... (full story)
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- Nov 6, 2025 12:40pm Posted byFundamental Analysis180
