Gold shines bright as soft US ADP report ignites rate cut expectationGold's price remains range-bound and advanced on Wednesday, making a U-turn to Tuesday's price action following the release of mixed US economic data that could warrant lower borrowing costs set by the US Federal Reserve (Fed).
Source: Gold shines bright as soft US ADP report ignites rate cut expectation (https://www.fxstreet.com/news/gold-climbs-on-soft-us-jobs-data-lower-us-treasury-yields-202406051805)