Gold Rises Ahead of U.S. Jobs Data
Barrons·2025-11-05 10:23
Group 1 - Gold prices are rising as investors await U.S. private payroll data, indicating potential shifts in Federal Reserve policy, with futures up 0.9% to $3,991.60 per troy ounce [1] - The rebound in gold prices towards $4,000 per ounce is attributed to investors seeking safe-haven assets following a global stock selloff and concerns over high equity valuations [2]