Gold Holds Steady Despite Rate Cut Buzz and Jobless Spike

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future. Here’s what you need to know: Gold prices traded in a wide but steady band after Monday’s breakout, staying above $3600/oz despite key economic catalysts. Thursday’s CPI report showed inflation holding steady and below 3% ...