Interest-rate reduction in 2025
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Gold price today, Friday, December 5: Gold remains above $4,200 amid mixed jobs data
Yahoo Finance· 2025-12-01 21:01
Gold (GC=F) futures opened at $4,239.50 per troy ounce Friday, down 0.1% from Thursday’s closing price of $4,243. The price of gold moved above $4,250 after the open. Traders are largely focused on economic data this week to gauge the likelihood of a third and final interest-rate reduction in 2025. The data so far has been mixed. After the ADP National Employment Report showed a loss of 32,000 private-sector jobs in November, the Challenger, Gray & Christmas report estimated 71,321 layoffs last month, 2 ...