GOLD PRICE HOLDS GAINS AMID MARKET CAUTION AND ECONOMIC DATA

Tina Collins

08 Jan 2025

XAU/USD trading at $2,652.43, holding above $2,600.

Unexpected jump in US services output and job openings in November, contributing to USD strength.

Odds for a Fed rate cut before July diminish after strong US economic data.

Gold benefits from renewed risk aversion, holding gains amid a souring market mood.

Market eyes US employment data, including ADP Employment Change and Nonfarm Payrolls reports, for further direction.

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BITCOIN PRICE STALLS AT $100.6K AS TRUMP-LINKED TOKENS GAIN POPULARITY

GOLD POISED FOR THIRD WEEKLY GAIN ON FEDERAL RESERVE RATE CUT BETS

Surprise Fed Statements: March Could See Interest Rate Cut

LITECOIN PRICE PREDICTION: LTC WHALES DEMAND SURGES