Gold gains despite strong U.S. jobs data

Gold down as US jobs data curbs rate cut expectations
Gold prices eased on Monday as strong U.S. jobs data reinforced the Federal Reserve's cautious stance on interest rate cuts and boosted the dollar, though underlying safe-haven demand amid uncertainty around President-elect Donald Trump's policies curbed losses.
Gold Rises After Strong U.S. Jobs Data
Gold prices gain further in afternoon trade amid uncertainties over the impact of future U.S. policy on the economy and inflation, even after the latest jobs report supported the case for a slowdown in interest-rate cuts.
Gold gains despite strong U.S. jobs data as traders feast on Trump uncertainty
Gold further gained Friday, capping a strong week as uncertainty around future U.S. policy under President-elect Trump sparked safe-haven demand, even as stronger than forecast U.S. jobs data reinforced expectations the Federal Reserve might not cut interest rates as aggressively this year.
Gold drops 1% as robust US jobs data strengthens dollar
Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented expectations the Federal Reserve will proceed with caution with cutting interest rates this year.
Dollar Trades Near 2-Year High After Strong Jobs Data
The dollar was hovering near a two-year high after strong U.S. labor market data supported the case for the Federal Reserve to slow interest-rate cuts. Initial jobless claims fell by more than expected to 211,
Gold Soars as Safe-Haven Demand Surges Amid Rising U.S. Treasury Yields and Strong Jobs Data
Gold prices gained momentum despite rising US treasury yields. It hit an intradayhigh of $2,698 and currently trading around $2696.50. Non-Farm Employment Change published on: The economy in the
Most Gulf markets fall after stronger than expected US jobs data
Most stock markets in the Gulf were subdued on Sunday following stronger than expected U.S. jobs data, which reinforced expectations that the Federal Reserve will likely keep interest rates elevated for longer than many traders were betting on.
More Jobs Data This Coming Week: Nothing To Suggest A Change In Trend Is Afoot
Jobless claims have consistently hovered between 210k - 230k with the exception of October and the hurricanes in North ...
Major Gulf markets mixed on strong U.S. jobs data
Major stock markets in the Gulf were mixed in early trade on Monday, as unexpectedly strong U.S. jobs data reinforced ...
Jobs Report: Bond Yields Rise And Stocks Fall
Stocks and bonds declined in response to much better-than-expected job growth. This week's CPI report could further pressure ...
Stock futures are little changed ahead of key jobs data in a shortened trading week: Live updates
Investors are entering another shortened trading week on a wobbly note, with lingering concerns about the Federal Reserve’s ...
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released ...
Jobs Report Today: Economy Added 256,000 Jobs in December, Far Above Forecasts
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
Towering dollar after solid jobs data leaves peers struggling
The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S.