💨 Abstract

Gold prices remained stable on Monday, hovering near a one-month high, despite a stronger-than-expected U.S. jobs report that reinforced the Federal Reserve's cautious stance on rate cuts. The stability was due to ongoing uncertainty regarding the incoming Trump administration's policies, which continues to fuel safe-haven demand. gold futures slightly increased, and investors will closely watch the upcoming U.S. consumer price index for further indications.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖