Gold Price Today, Nov 6: US Jobs Slowdown Boosts Market’s Rate-Cut Outlook
The precious-metal market is showing renewed interest as labor data from the ADP Research Institute indicated weaker-than-expected job growth in the U.S. That shift has brought the spotlight back on Gold, as its appeal rises when interest-rate expectations fall. With the dollar softening and traders revising their bets on the Federal Reserve’s next move, Gold is gaining ground amid broader concerns about growth in the stock market and for portfolios heavy with AI stocks.
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