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Gold holds its position at a weekly high amid weak data from the US labor market

八月, 05 2025

On Tuesday, gold was trading without significant fluctuations, remaining near a weekly high after the publication of weak employment figures in the United States. Investors are counting on a Fed rate cut in September, which also supports quotes.Spot gold is trading at $3,374 per ounce, with yesterday's high close to the high of $3,3783. Gold futures in the United States are holding at $3,425. The yield on 10-year US bonds has dropped to its lowest levels over the past month.OANDA analyst Kelvin ... 阅读更多

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