Robust Jobs Data Puts Pressure on Gold, Boosting Dollar Gold prices declined slightly Friday morning following a stronger-than-anticipated U.S. jobs report, which strengthened the dollar and reduced expectations for a significant Federal Reserve rate cut in November. The robust employment data, showing accelerated job growth and lower unemployment, suggests less pressure on the Fed to implement aggressive rate cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Set for Stability in 2024, Say Industry Experts READ MORE Nvidia’s Market Cap Worth As Much as the Entire Chinese Stock Market READ MORE Gold Forecasts Range from 25% to 50% Upside Over the Next Few Years READ MORE Thirty-Six Minutes of Chaos: Analyzing the Flash Crash READ MORE Persistent Inflation Challenges Eurozone, Core Prices Higher Than Anticipated READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment