Gold steady as market awaits more US data

  • Posted on January 7, 2025
  • By Business News Today
  • 5 Views
Gold steady as market awaits more US data

Gold prices remained steady, with investors eyeing upcoming economic data for guidance on the Federal Reserve's interest rate trajectory. Market attention is on the U.S. jobs report and job openings data due later this week. The benchmark 10-year Treasury yield hit its highest since May 2024, while the U.S. dollar experienced fluctuations amid uncertainties over potential tariffs by President-elect Trump.
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