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Gold down as US jobs data curbs rate cut expectations
Gold prices eased on Monday as strong U.S. jobs data reinforced the Federal Reserve's cautious stance on interest rate cuts and boosted the dollar, though underlying safe-haven demand amid uncertainty around President-elect Donald Trump's policies curbed losses.
Gold Rises After Strong U.S. Jobs Data
Gold prices gain further in afternoon trade amid uncertainties over the impact of future U.S. policy on the economy and inflation, even after the latest jobs report supported the case for a slowdown in interest-rate cuts.
Gold drops 1% as robust US jobs data strengthens dollar
Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented expectations the Federal Reserve will proceed with caution with cutting interest rates this year.
12h
on MSN
Towering dollar after solid jobs data leaves peers struggling
The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S.
1d
Jobs Report: Bond Yields Rise And Stocks Fall
Stocks and bonds declined in response to much better-than-expected job growth. This week's consumer inflation (CPI) report ...
2d
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up ...
10h
on MSN
Gold eases US jobs data bolsters the dollar, douses rate cut hopes
Gold prices edged lower on Monday as a stronger-than-expected U.S. jobs report reinforced the Federal Reserve's cautious ...
3d
on MSN
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released ...
3d
Jobs Report Today: Economy Added 256,000 Jobs in December, Far Above Forecasts
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
8h
Major Gulf markets mixed on strong U.S. jobs data
Major stock markets in the Gulf were mixed in early trade on Monday, as unexpectedly strong U.S. jobs data reinforced ...
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