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Gold eases lower as markets await U.S. non-farm payrolls

Gold trades cautiously lower in early Asia. U.S. non-farm payrolls due this week could shift interest-rate bets ahead of the Fed’s September meeting, per Konstantinos Chrysikos of Kudo.com.

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01:04:37 AM UTC
SquawkNews
Gold held steady in early Asian trade on Thursday as investors awaited U.S. nonfarm payrolls data that could help shape expectations for the Federal Reserve's next policy move.FUNDAMENTALS* Spot gold TVC:GOLD held its ground at $4,386.28 per ounce by 0046 GMT. Prices bounced from a near one-month l…

Gold cautiously trades lower in the early Asian session.

U.S. non-farm payrolls due this week could influence interest rate bets for the Fed's upcoming September meeting, says Konstantinos Chrysikos of Kudo.com.

Softer data can ease the downside risk, while stronger figures or more hawkish Fed comm…