Gold Price Steadies Near One-Week High But Risk-On Sentiment Caps Upside Ahead of US NFP Data
Gold (XAU/USD) remains stable near $2,907, struggling to gain bullish momentum as investors weigh Federal Reserve rate cut bets, trade war fears, and a weaker US Dollar (USD) against a positive risk sentiment in the markets. The upcoming US Non-Farm Payrolls (NFP) report on Friday is expected to be a key catalyst for Gold's next major move.
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