SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

Gold Edges Higher as Cooling Oil Prices Offset Strong U.S. Data

Gold edged higher amid cooling oil prices, while September U.S. job openings rose to 7.52 million, above the 7.1 million expected. The strong labor-market reading is likely to limit gold’s gains.

XAUUSD

Gold edges higher amid cooling oil prices. However, stronger-than-expected U.S. data overnight is likely to limit the gains. U.S.

job openings jumped to 7.52 million in September, well above the 7.1 million expected. The strong labor market demand is a hawkish surprise for the Federal Reserve, alre…

Related stories