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Jobs News Precious Gold Drops To One Week Low As Fed Rate Cut Hopes Wane

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Jobs News Precious Gold Drops To One Week Low As Fed Rate Cut Hopes Wane | RobinsPost News & Noticias

How Today’s ADP Jobs Report Makes a Fed Rate Cut More Likely


Job growth in the private sector slid last month, which will likely bolster support for another interest-rate cut at the Federal Reserve’s policy meeting next week. The U.S. shed 32,000 jobs from ... Read More

Gold rises as dollar softens, traders brace for Fed rate cut


Gold nudged higher on Monday, supported by a softer dollar as traders grew more confident the U.S. Federal Reserve will deliver an interest-rate cut at its policy meeting this week. Spot gold was up 0 ... Read More

Gold rises on weaker dollar, rate cut expectations ahead of US jobs data


Spot gold rose to hover near a seven-week peak on Monday, bolstered by a softer dollar and expectations of U.S. interest rate cuts ahead of key jobs data, while silver held below a record high hit on ... Read More

Commodity wrap: Gold climbs on rate cut hopes, oil drops on supply concerns


Gold prices rose on Tuesday as investors waited cautiously ahead of the start of the two-day meeting of the US Federal Reserve. Silver rose, tracking sharp gains in gold as prices increased nearly 2% ... Read More

Gold rises ahead of Fed rate cut decision, key US jobs data


Gold rose on Tuesday as traders remained optimistic ahead of the U.S. Federal Reserve's interest rate decision on Wednesday, while also awaiting the U.S. job openings report for further clues on labor ... Read More

Gold price today: Comex gold rate hits six-week high of $4,299/oz amid rising US Fed rate cut bets


Gold price today: The gold prices at the New York Commodity Exchange (Comex) rose to a six-week high level of $4,299 per ounce during Monday's commodity market session, when compared to its levels on ... Read More

Dollar hovers near five-week low on Fed rate cut bets


The U.S. dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week. Markets widely expect a quarter point reduction ... Read More

Dubai gold prices drop ahead of Fed's rate cut decision


[Editor's Note: Find out the latest gold prices here.] Gold prices in Dubai inched lower at the opening of the markets on Thursday as investors turned cautious ahead of the US Federal Reserve meeting. Read More


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