Gold Futures Rise to Near-Record Highs on U.S. Economic Concerns
Gold futures nudged higher and bulls are gaining strength, in a surge that reflects uncertainty around the U.S. economic outlook, with initial jobless claims exceeding expectations and Fed warning that hurricanes and strikes could reduce October’s nonfarm payrolls by up to 100,000, Pepperstone said.
Gold futures nudged higher and bulls are gaining strength, in a surge that reflects uncertainty around the U.S. economic outlook, with initial jobless claims exceeding expectations and Fed warning that hurricanes and strikes could reduce October’s nonfarm payrolls by up to 100,000, Pepperstone said.
