Gold gains despite solid US jobs data as traders feast on Trump uncertainty


pile of shiny gold bars 3D illustration

monsitj/iStock via Getty Images

Gold gained further on Friday, ending a strong week as uncertainty over future US policy under President-elect Trump fueled safe-haven demand despite stronger US jobs data than expected bolstered expectations that the Federal Reserve might not cut interest rates as aggressively this year.



Source link

  • Related Posts

    BMO Expands Support for Local Wildfire Relief Efforts in Los Angeles Area Via Investing.com

    CHICAGO, Jan. 10, 2025 /PRNewswire/ – BMO announced today that it continues to support the people and communities affected by the wildfires in Los Angeles area through donations to two…

    Why Roku Stock Dropped 19% in 2024

    year (NASDAQ: ROKU) Shares fell 18% in 2024 according to data provided by S&P Global Market Intelligence. The market was wary of competition and is losing patience with its losses.…

    Leave a Reply

    Your email address will not be published. Required fields are marked *