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American Focus > Blog > Economy > Gold Rises as Market Positions for Fresh U.S. Economic Data
Economy

Gold Rises as Market Positions for Fresh U.S. Economic Data

Last updated: July 4, 2025 11:16 am
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Gold Rises as Market Positions for Fresh U.S. Economic Data
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Gold Futures Rise Ahead of U.S. Economic Data

Gold futures were rising as investors awaited crucial U.S. economic data.

Key Points:

  • Futures were up 0.2% at $3,354.90 a troy ounce.
  • The precious metal has ticked higher ahead of U.S. nonfarm payroll data due later Thursday.
  • The data will be closely analyzed for fresh signals on the economic outlook and potential interest-rate cuts from the Fed.

Analysis:

Lower interest rates typically benefit non-interest bearing bullion. Gold has steadily recouped losses incurred in June on persistent market uncertainty, fueled by concerns over the fiscal deficit.

See also  Queenstown property linked to black market tobacco sting
TAGGED:DataEconomicFreshGoldmarketpositionsRisesU.S
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