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During early Asian trading, XAU/USD approaches $4,450 as profit-taking reduces safe-haven interest
Gold prices decreased to approximately $4,450 in early Asian trading on Thursday, with traders opting to book profits following a recent rally. Attention will shift later to the US employment report for December, released on Friday. Expectations are for 60,000 new jobs, with a drop in the unemployment rate to 4.5%. The US Federal Reserve’s potential easing might support the Gold price if reports reveal weaker-than-expected outcomes. This is because lower interest rates would reduce the opportunity cost of holding non-yielding Gold. Investors are currently putting geopolitical concerns aside after the unexpected ... (full story)
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From brecorder.com | Jan 8, 2026
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