Economy Country March 06, 2025

Gold Prices Steady Ahead of US Jobs Data

Gold prices remained unchanged as investors await non-farm payroll data in the United States to predict the Federal Reserve's interest rate trajectory.


Gold Prices Steady Ahead of US Jobs Data

Analysts note that this week gold prices remained stable. Investors with increased interest are waiting for the employment report in the USA to make a prognosis concerning the likely increase in Federal Reserve interest rates.

An important factor for determining future actions of the Federal Reserve will be the employment data from the previous month. Experts note that these figures will have a significant impact on the Fed's decisions.

"We are waiting for news on the labor market to get a sense of the state of the economy. This will allow us to better understand what actions the Federal Reserve might take," the analysts say.