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Gold should rise but upside capped by potential for higher inflation, analyst says

December 6, 2024
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Dec. 06, 2024 5:25 PM ETSPDR® Gold Shares ETF (GLD), GDXSLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAUUSD:CURBy: Carl Surran, SA Information Editor

monsitj/iStock by way of Getty Photographs

Gold futures edged greater on Friday after the most recent U.S. jobs knowledge confirmed the labor market bounced again in November, however fell for the week, marking the second straight weekly decline.

The U.S. greenback and U.S. Treasury yields fell after the report



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Tags: AnalystcappedGoldHigherInflationpotentialRiseUpside
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