Gold flat as US yields, dollar rise on strong data
- Posted on January 8, 2025
- By Business News Today
- 6 Views
Gold flat as US yields, dollar rise on strong data
Gold prices remained stable as higher yields and a stronger dollar influenced the market. The U.S. economy showed strength, with job openings exceeding forecasts. Investors are now focused on upcoming employment numbers and the Fed's meeting minutes for further guidance on monetary policy. China's gold reserves rose for the second consecutive month in December.