Gold edges higher as dollar eases ahead of year-end US jobs data | Metals Mine

  • Gold edges higher as dollar eases ahead of year-end US jobs data

    From brecorder.com

    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 Reserve’s 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 records. US gold futures were little changed at $4,333.20. The US dollar hovered near a two-month low in early Asian trade, lending support to greenback-priced bullion. “The dollar’s performance remains subdued which is helping to keep gold prices on the front foot ... (full story)

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future911
Dec 16, 2025 6:04am
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Quoting Aplus101
I thought we buying for nfp reason why im buying: • NFP expected weak around 50K with unemployment near 4.5% • Data distorted due to shutdown making downside reaction more likely • USD already soft and vulnerable to further selling • Gold remains bid as a rate cut hedge and policy error hedge • Volatility favors spike continuation after initial reaction
Everything already known is already priced in, unless your looking to swing trade for what the future may look like
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Aplus101
Dec 16, 2025 5:13am
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I thought we buying for nfp
reason why im buying:
• NFP expected weak around 50K with unemployment near 4.5%
• Data distorted due to shutdown making downside reaction more likely
• USD already soft and vulnerable to further selling
• Gold remains bid as a rate cut hedge and policy error hedge
• Volatility favors spike continuation after initial reaction
Reply
Trader#E867
Dec 16, 2025 4:24am
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we selling boys
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Trader#676B
Dec 16, 2025 5:13am
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Why?
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