Analyst: Forecasts U.S. non-farm unemployment rate will rise to 4.5% in November
According to Jinshi News, FOREX.com market analyst Fawad Razaqzada anticipates the U.S. non-farm payroll data for November, with the market expecting weak employment figures and the unemployment rate possibly rising to 4.5%. Any downside surprise could lead to expectations for the Federal Reserve's next rate cut being brought forward, thereby supporting gold prices.
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