Reported about 23 hours ago
Gold prices stabilized after a recent increase, remaining above $3,980 per ounce as traders analyzed the implications of US employment data on interest rates. Following a modest rise in payrolls, the market anticipates that the Federal Reserve may maintain a cautious approach toward rate cuts. Analysts suggest gold's price will likely stay within a limited range until a significant economic event occurs, as uncertainty persists due to the ongoing government shutdown affecting key economic data.
Source: YAHOO