Gold prices near 2-month high on soft dollar; U.S. inflation, labor data awaited

Gold prices remained steady in the early Asian session as investors await the U.S. November employment report, which is expected to provide insights into the labor market and economic conditions. This stability reflects a cautious approach among traders ahead of significant economic data releases.

Gold prices have steadied after a five-day rally, as investors are closely monitoring upcoming US economic data that may influence the Federal Reserve's decisions on interest rates. This pause in gold's upward momentum comes amid anticipation of potential rate cuts by the Fed.

Gold and silver futures opened the week on a positive note, buoyed by expectations surrounding key economic reports that may influence the Federal Reserve's interest rate decisions in 2026. This upward trend reflects a growing investor interest in precious metals as safe-haven assets amid economic uncertainties.

Gold and silver futures began the week on a positive note, rising ahead of crucial economic reports that could influence the Federal Reserve's interest rate decisions for 2026. This upward trend reflects investor optimism in the precious metals market.

Eurozone industrial output saw growth in October, signaling a potential recovery as Germany's manufacturing sector shows signs of stabilization amidst concerns over the impact of higher U.S. tariffs on European factories.

Gold prices have remained steady, trading near record levels as investors focus on upcoming jobs data and the implications for US borrowing costs. This stability comes amid concerns regarding the valuations of technology stocks, which have been under scrutiny in the current market environment.

Tonka Trucks faced significant challenges as disrupted shipments and ongoing trade negotiations with the U.S. impacted their profits, forcing the company to gamble on maintaining production in China. The uncertainty surrounding these trade talks has left the company in a precarious financial position.

Homeowners in the U.S. are experiencing a decline in their pandemic-era equity, with average losses reaching five figures as housing prices stabilize or decrease in various markets. This shift in buyer behavior is prompting many homeowners to reassess their financial positions.