Gold set for weekly gain on US payrolls miss, broader uncertainty
- Posted on January 10, 2026
- By Business News Today
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Gold set for weekly gain on US payrolls miss, broader uncertainty
Gold prices surged this week, nearing record highs, driven by weaker U.S. jobs data and escalating global uncertainties. Investors are anticipating Federal Reserve rate cuts, a traditional boost for precious metals. Geopolitical tensions, including conflicts in Ukraine and unrest in Iran, further fueled demand.