💨 Abstract
Gold traded little changed on Friday ahead of the U.S. payrolls data, which may influence the Federal Reserve's interest rate outlook. Gold prices ended lower on Thursday after reaching a record high. The U.S. economy's health will be scrutinized in the nonfarm payrolls report due at 1230 GMT. Traders anticipate a 25-basis-point Fed rate cut next week.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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