​Gold (XAU) Price Forecast: Will Jobs Data Push the Fed to Cut Rates and Lift Gold?
👉 Upcoming NFP report could push the Fed toward a rate cut, potentially driving gold prices higher this week
👉 Persistent geopolitical risks, including Russia-Ukraine tensions, continue to support safe-haven demand for gold
👉 A stronger dollar ahead of jobs data and inflation reports may weigh on gold, limiting near-term recovery prospects
👉 Core PCE inflation complicates Fed rate cut expectations, adding uncertainty to the gold price outlook for December
👉 Gold traders watch key resistance near $2,663, with economic data this week likely to set the next major price move
@news_finance
👉 Upcoming NFP report could push the Fed toward a rate cut, potentially driving gold prices higher this week
👉 Persistent geopolitical risks, including Russia-Ukraine tensions, continue to support safe-haven demand for gold
👉 A stronger dollar ahead of jobs data and inflation reports may weigh on gold, limiting near-term recovery prospects
👉 Core PCE inflation complicates Fed rate cut expectations, adding uncertainty to the gold price outlook for December
👉 Gold traders watch key resistance near $2,663, with economic data this week likely to set the next major price move
@news_finance