Gold prices held steady above $4,200 on Thursday, driven by weak private payrolls data. This reinforced expectations of a U.S. interest rate cut at the Federal Reserve’s upcoming meeting. The dollar also hit a five-week low, further favoring non-yielding assets like gold.
​Gold prices held steady above $4,200 on Thursday, driven by weak private payrolls data. This reinforced expectations of a U.S. interest rate cut at the Federal Reserve’s upcoming meeting. The dollar also hit a five-week low, further favoring non-yielding assets like gold. by Soban News (international And National News)