ReferIndia News Gold steadies as traders assess outlook for US interest rates

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Gold steadies as traders assess outlook for US interest rates

Published on: Nov. 6, 2025, 7:20 a.m. | Source: CNBC TV18

Gold steadied after the biggest gain in about a week, as traders assessed the outlook for US interest rates following private-sector jobs data. Bullion held just above $3,970 an ounce, after rising 1.2% on Wednesday. Figures from ADP Research showed private-sector payrolls rose 42,000 after two months of decline. While tempering concerns of a faster deterioration, the modest increase is consistent with a general softening in labor demand.

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