Gold prices climbed on Thursday as weaker-than-expected U.S. private-sector employment data reinforced expectations that the Federal Reserve could adopt a less restrictive monetary policy and increased demand for the precious metal ahead of the closely watched nonfarm payrolls report. Spot gold rose about 1.2% to $4,078.25 an ounce, recovering from a two-day decline and reaching […]
... Gold Rallies as Weak U.S. Jobs Data Fuels Fed Rate Cut Expectations ... Naijaonpoint.