Commodities
Gold Prices Hold Steady Ahead of US Jobs Data
Gold prices remained steady at $4,155.65 per ounce on Thursday as markets awaited key US jobs data to gauge the Federal Reserve's next policy move.
The crucial US nonfarm payrolls report for September is scheduled for release on Friday, with traders closely watching how it will impact interest rates and gold's appeal.
A stronger greenback makes dollar-priced metals costlier for holders of other currencies, while higher interest rates reduce gold's appeal because it yields no interest.