Stronger Jobs Data, Rising Yields Weigh on Gold

25.07.25

On Friday, spot gold eased to $3,357.25 an ounce (–0.3%) after U.S. jobless claims fell for the sixth consecutive week—the longest run of declines since 2022—reinforcing views that the Federal Reserve will keep rates unchanged at next week’s meeting. Treasury yields climbed, and swap markets trimmed their rate-cut forecasts to…

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