Gold Holds Decline Before Jobs Data That May Influence Fed Rates [Yahoo! Finance]
MACQUARIE GROUP LTD S/ADR (MQBKY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Kansas City Looks Back on its Long, Costly Ride With Microtransit NYC's Run-Down Bus Terminal Gets Approval for $10 Billion Revamp As Wars Rage, Cities Face a Dark New Era of Urban Destruction Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams The precious metal slipped 0.7% on Thursday, its biggest drop since Nov. 25. It had been trading in a narrow range since early last week. US nonfarm payrolls due later Friday are the next major data release before policymakers meet on Dec. 17-18 in Washington. While swaps markets are pricing in a 25 basis-point cut, strong labor figures may deter the central bank from implementing aggressive monetary easing next year. Lower rates are positive for non-interest bearing gold. Prices of bullion have slipped from a record high in late October, as the dollar rallied following the election victory of Donald Trump and tensions eased in the Middle East. Still, they remain up by more than a quarter this year, supported by US rate
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