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Gold rangebound as investors eye delayed US jobs data

Gold (XAU/USD) trades slightly weaker on Thursday, holding within a choppy intraday range as investors stay on the sidelines ahead of the delayed September Nonfarm Payrolls (NFP) report due at 13:30 GMT. At the time of writing, XAU/USD is trading near $4,057, down roughly 0.45%.

GBP/JPY holds gains near 206.00 on generalised Yen weakness

The Pound remains bid against an ailing Japanese Yen on Thursday.

Gold Price Forecast: XAU/USD slumps to near $4,050 as traders pare dovish Fed bets

Gold price (XAU/USD) trades 0.5% lower to near $4,052.00 during the European trading session on Thursday. The yellow metal faces selling pressure as traders have trimmed bets supporting an interest rate cut by the Federal Reserve (Fed) in the December policy meeting.

Pound Sterling bounces back even as BoE dovish bets accelerate

The Pound Sterling (GBP) moves higher against its major currency peers on Thursday.

September Nonfarm Payrolls to give markets US labor snapshot before Fed’s meeting

The United States (US) Bureau of Labor Statistics (BLS) releases the delayed Nonfarm Payrolls (NFP) data for September on Thursday at 13:30 GMT.
 
 
 

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