Gold little changed; investors await US payrolls data
Gold prices were little changed on Thursday as investors awaited U.S. payrolls data, due on Friday, for more cues on the Federal Reserve's monetary policy path.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115988861»> * Spot gold was flat at $2,648.89 per ounce, as of 0027 GMT. U.S. gold futures eased 0.1% to $2,672.60.
* The U.S. payroll report on Friday will be followed next week by inflation data for November.
* According to the CME Group's FedWatch Tool, markets currently see a 79.3% chance of a 25-basis-points rate cut this month and 85 bps cut by end of 2025.
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