Gold Holds After Five-Day Rally as Investors Look to Jobs Data
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Gold steadied after five days of gains, with investors focused on a raft of US data this week that should offer clues to the Federal Reserve’s appetite for further interest-rate cuts.Bullion was trading at around $4,305 an ounce – within $80 of an all-time high set in October – after the Fed’s third reduction in borrowing costs boosted its appeal. Policymakers have since offered conflicting views over the need for more rate cuts in 2026.