Commodities
Gold Holds Steady Above $4,500 Ahead of U.S. Payrolls Report
Gold futures held steady above $4,500 as investors awaited the U.S. payrolls report for fresh clues on monetary policy. The recent decline in gold prices has moderated due to softer interest-rate expectations.
A weaker dollar and easing Treasury yields have also supported bullion, allowing it to remain above its 50-day moving average.
The employment report could influence expectations for the Federal Reserve's next policy decision, potentially triggering fresh moves across the dollar, bond, and precious-metals markets.