Fri, 05 Jan 2024 15:29:17 GMT
Gold reacts to US data
In general, fundamentals keep making an impact on the markets. It was revealed eventually to the world that the Fed might not cut rates until the end of 2024, which strengthened the US Dollar. Moreover, the release of US Employment data on Friday at 13:30 GMT caused volatility.
During these events, the price for Gold dropped to the 2,025.00 level