Reported about 16 hours ago
Gold prices stabilized near $2,660 per ounce following a two-day increase, as traders anticipated key US jobs data that could influence the Federal Reserve's future interest rate decisions. With private-sector hiring and wage growth reported to have slowed, market focus shifts to upcoming payroll numbers expected to indicate steady job growth. The outlook for gold remains uncertain as analysts predict fewer rate cuts from the Fed in the coming years.
Source: YAHOO