Gold firms on soft JOLTS as Iran uncertainty and NFP week keep traders on edge - KITCO

Source: KITCO

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DW NOTE

JOLTS softness in a week containing NFP is a preview, not a headline. Job openings have been falling for eighteen months while the Fed holds rates at 3.50–3.75% — the labour market is doing the work Powell won't. Gold at $4,309 isn't a safe-haven bid; it's asset owners pricing the cost of a central bank that treats a $1.9 trillion deficit and 2%+ inflation as compatible with stable money.

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