Gold futures ended unchanged on Thursday as investors await cues from the monthly U.S. jobs report due Friday. Everyone will be “closely watching tomorrow’s U.S. September nonfarm payrolls and its impact on the November Federal Reserve meeting,” said Chintan Karnani, director of research at Insignia Consultants. There has to be an increase in unemployment in the U.S. for the market to see a slower pace of interest-rate hikes, he said. Gold for December delivery GCZ22,
EURUSD is hovering on the brink, geopolitics and interest rates may send the euro tumbling
Geopolitical conflicts continue to support the USD, pushing the EURUSD pair further down. The rate currently stands at 1.1535. Find more details in our analysis