• 09/20/2024

Gold Futures Gain Ahead of U.S. Jobs Data

Wall Street Journal

Gold ticked higher ahead of the crucial U.S. nonfarm payrolls report which could be key to gold’s next significant move—if job growth comes in under 100,000 and the unemployment rate holds at 4.3%, the market will increasingly lean toward a 50 basis point interest-rate cut, Pepperstone said.

https://www.wsj.com/articles/gold-steady-markets-digest-u-s-data-59dba8ab