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Gold Price Forecast: Bullion settles at $4077 on mixed NFP data, Fed increasingly hawkish

From marketpulse.com

At the time of writing, gold trades at $4077 per troy ounce, having erased gains made prior to the months-delayed September US Nonfarm Payrolls release. Relatively unchanged at -0.02% in today’s session, gold currently trades approximately 7.00% shy of all-time highs made in October, and remains on pace to secure a remarkable yearly gain of over 50% in 2025. • Picking up in volatility in recent weeks, precious metal markets remain highly active as markets readjust expectations for the Federal Reserve’s December 10th decision • With yesterday’s FOMC minutes revealing “strongly differing views” in the most recent ... (full story)

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  • Category: Fundamental Analysis