-
Gold Trades Steady Near Record With Focus Turning to Jobs Data
Gold was little changed — trading near record levels — with doubts about the valuations of technology stocks and the outlook for US borrowing costs at the forefront of investors’ minds. Bullion climbed as much as 1.2% before trading steady during US hours. On Friday, gold and silver suffered sudden pullbacks from the day’s highs in a broad risk-off move as Wall Street traders took profits on the year’s biggest artificial intelligence winners. Gold is sometimes seen as a way to hedge against downside in equities, although the metal’s short-term correlation to stocks has risen in recent months. Forecasts ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Gold prices edged higher on Tuesday, supported by a softer dollar, as investors awaited the release of key US jobs data that could shape expectations for the Federal Reserves policy path in the new year. Spot gold was up 0.1% at $4,311.64 per ounce, as of 0230 GMT, extending a year-to-date rally of more than 64% that has seen bullion smash multiple ...
From msn.com | Dec 15, 2025
The yellow metal has continued to build on last weeks rally, helped by declining Treasury yields and a weaker dollar. The move followed the Federal Reserves recent policy decision, which included an interest rate cut and an announcement that it will begin purchasing short-term U.S. Treasuries starting in December at a pace of $40 billion per month. These ...
From msn.com | Dec 15, 2025
Spot gold pared earlier gains on Monday following progress in critical talks between U.S. officials and Ukrainian President Volodymyr Zelenskiy aimed at ending the war, while traders awaited key U.S. jobs data. Spot gold was up 0.2% at $4,309.82 an ounce by 01:55 p.m. ET (18:55 GMT), after rising more than 1% earlier in the session. U.S. gold futures ...