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FXHedge
FXHedge|Sep 05, 2025 18:23
GOLD NEARS RECORD 3,600/OZ LEVEL AS WEAK US JOBS DATA FUELS RATE-CUT BETS (Reuters) Sept 5 (Reuters) - Gold's powerful rally took on fresh legs on Friday, with prices just cents away from 3,600 per ounce, as weak U.S. jobs data further raised expectations for bullion-supportive Federal Reserve rate cuts. Spot gold was up 1.5% at 3,596.01 per ounce, as of 1636 GMT, having hit a record 3,599.89 earlier. The metal is now on track for its strongest weekly gain in nearly four months. U.S. gold futures for December delivery rose 1.3% to 3,651.90. Full article: https://www.reuters.com/world/india/gold-nears-record-3600oz-level-weak-us-jobs-data-fuels-rate-cut-bets-2025-09-05/(FXHedge)
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Timeline

Oct 05, 18:10Silver rises, S&P 500 experiences the best 6 months in history
Oct 05, 17:59Cryptocurrency is underperforming, with greater risks.
Oct 05, 15:38This week's key events include the release of multiple economic data points.
Oct 05, 14:31Asset buying frenzy driven by inflation rebound and rate cuts
Oct 05, 08:40Coinbase is bullish on the October crypto market performance
Oct 04, 17:03Volatility in the S&P 500 Index rises, gold sees profit-taking
Oct 04, 16:19Departing from the gold standard has led to economic problems in the United States
Oct 04, 10:02A good start for Bitcoin catching up with gold trading
Oct 04, 04:56Derivative markets ignite Bitcoin rally
Oct 03, 22:33U.S. government shutdown boosts safe-haven demand for precious metals

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