Gold prices dropped by 1% on January 13, 2025, following stronger-than-expected U.S. nonfarm payroll data. This data led to increased market confidence that the Federal Reserve would be more cautious about cutting interest rates this year, which boosted the U.S. dollar to a two-year high. As a result, gold became more expensive for non-U.S. dollar buyers. Investors are now awaiting upcoming U.S. inflation data and other economic indicators to gauge the Fed's future policy. High interest rates typically reduce the appeal of gold, as it doesn’t yield any income.

Strong U.S. Jobs Data Boosts Dollar, Gold Drops 1%

2025年1月14日