Gold (XAU/USD) is experiencing a slight downturn on Thursday, trading near $4,057, a drop of approximately 0.45%. The precious metal remains confined within a volatile intraday range as market participants adopt a wait-and-see approach ahead of the pivotal Nonfarm Payrolls (NFP) report for September, scheduled for release at 13:30 GMT.
The anticipation surrounding the delayed jobs data has created a cautious atmosphere among investors, influencing trading activities in the gold market. As the NFP report could significantly impact the USD exchange rate, traders are closely monitoring the situation, which may lead to increased volatility for gold and other currency pairs following the announcement.
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Data Source: FX Killer Analysis Team Updated: 2025-11-20 12:38
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.