Gold Rises as Market Looks Ahead to US Payrolls Data
(Bloomberg) -- Gold rose slightly, as the market looks to US labor data this week for clues on how aggressive the Federal Reserve’s imminent rate-cutting cycle will be.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsBullion has traded in a narrow range around $2,500 in recent days. It edged higher Wednesday following a report that showed US job openings fell in July to the lo