Gold price climbs cautiously during the North American session as traders brace for the release of the latest Nonfarm Payrolls (NFP) figures in the United States (US), which could be crucial for the path of interest rates set by the Federal Reserve (Fed).
Fed Chair Jerome Powell stuck to his usual cautious tone in Sintra, reiterating a strict data-dependent approach that is set to keep the dollar extremely sensitive to jobs and inflation figures.
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $64.87 per barrel, down from Tuesday’s close at $64.90.