Gold inches lower as US jobs data cements bets for smaller rate cut
Article Summary
-The stronger-than-expected September jobs report, released on Friday, poured cold water on expectations of a large Fed rate cut next month, boosting the dollar. [USD/]
Spot gold slipped 0.2% to $2,647.43 per ounce by 0211 GMT. U.S. gold futures were unchanged at $2,666.80.
By Ashitha Shivaprasad (Reuters) – Gold prices eased on...