U.S. Labor Weakness
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Gold Futures Gain After U.S Labor Weakness Raises Rate-Cut Prospects
Barrons· 2025-12-03 17:53
Group 1 - Futures in New York have risen by 0.8% to $4,254.10 per troy ounce [1] - The U.S. dollar index has decreased by 0.4% to 98.95 [1] - ADP figures indicate a labor slump, with private employers losing 32,000 jobs in November [1] Group 2 - Traders are now pricing in an 89% chance of a Federal Reserve interest rate cut in December [1]