Spot gold trimmed some of its earlier momentum following the latest U.S. employment figures, but still managed to stay in positive territory. The precious metal is currently trading up 0.3% at $4,198.06 per ounce, showing resilience despite mixed signals from labor market data. The price action suggests investors are weighing multiple factors beyond just the jobs report.
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InfraVibes
· 1h ago
Gold still holds up this time, it's just that employment data is holding it back a bit.
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PessimisticOracle
· 12-11 12:04
Is this the only increase in gold? Unemployment data haven't come down yet, and it's still quite resistant to falling... Let's wait and see what the Federal Reserve says next.
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ThesisInvestor
· 12-09 15:31
Gold is still holding up, that's right— even the employment data can't scare it.
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DEXRobinHood
· 12-09 15:31
Gold is quite resilient; even the employment data didn't bring it down.
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AirdropHustler
· 12-09 15:21
Gold is still resilient, but is this small increase really worth noticing?
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HashBandit
· 12-09 15:05
gold holding steady at +0.3%? lol remember when i was calculating mining profitability and thought *that* was resilience... nah but fr, jobs data barely moved the needle here—feels like the market's finally pricing in more variables than just one report, y'know? back in my mining days we'd panic over less... tbh this sideways action screams "waiting for next catalyst" energy, not actual conviction
Spot gold trimmed some of its earlier momentum following the latest U.S. employment figures, but still managed to stay in positive territory. The precious metal is currently trading up 0.3% at $4,198.06 per ounce, showing resilience despite mixed signals from labor market data. The price action suggests investors are weighing multiple factors beyond just the jobs report.