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 … ...
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