COMMODITY
Gold futures settle higher after weak private job data
Jan-09-2025
Gold futures settled higher for second straight session on Wednesday, after weaker-than-expected private employment report for December, kindled hopes for less caution Fed interest rate cut. Persisting geopolitical tensions, dip in dollar and sliding bonds also kindled yellow metal rates.

Gold futures for February delivery up by $7 or 0.26% to $2,672.40 ounce on the Comex division of the New York Mercantile. While, spot gold down by $5.04 or 0.19% to $2,656.90 an ounce.

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