Recent U.S. nonfarm payrolls of just 29,000 in September, with sharp downward revisions, have cut odds of an October Federal Reserve rate hike to around 18-20 percent from roughly 70 percent a week earlier, easing near-term pressure on gold. Spot XAU/USD trades near $4,150 after a 3.4 percent weekly decline, as the dollar index hits fresh year-to-date highs and the 10-year Treasury yield holds above 5.27 percent. Elevated long-end yields and sticky energy-driven inflation continue to offset safe-haven demand from Middle East tensions. Traders now focus on upcoming Fed minutes, ISM services data, and September CPI for clearer signals on the policy path versus the current 3.75-4.00 percent funds rate range.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoView resolved

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