Gold is rising again, trading around $4.3K per ounce. Fresh signs of a cooling labor market have reinforced expectations that the Fed could deliver two rate cuts in 2026.
Initial jobless claims for the week ending December 6 came in above expectations and rose to the highest level in more than two months something the market is reading as a shift toward a more dovish rate path (with the usual seasonal caveats).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gold is rising again, trading around $4.3K per ounce. Fresh signs of a cooling labor market have reinforced expectations that the Fed could deliver two rate cuts in 2026.
Initial jobless claims for the week ending December 6 came in above expectations and rose to the highest level in more than two months something the market is reading as a shift toward a more dovish rate path (with the usual seasonal caveats).