Gold Pulls Back After Five-Day Rally Ahead of US Jobs Data
Yahoo Finance·2025-12-16 16:44
Bloomberg Gold eased after a five-day gain, as investors waited for a raft of US data this week that should offer clues on the Federal Reserve’s appetite for further interest-rate cuts. Bullion traded near 100 shy of a record high set in October. The Fed reduced borrowing costs again last week, but policymakers have since offered conflicting views over the need for more rate cuts in 2026. Most Read from Bloomberg “Repeated profit-taking near the October highs has kept the move ...