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Gold Futures Gain After U.S Labor Weakness Raises Rate-Cut Prospects
Barronsยท 2025-12-03 17:53
Futures in New York rise 0.8% to $4,254.10 a troy ounce, while the U.S. dollar index is down 0.4% to 98.95. Figures from payroll processor ADP suggest a labor slump, with private employers shedding 32,000 jobs in November. According to the FedWatch tool, traders are now pricing in an 89% chance of a December cut. ...