🚨 Gold $XAU Hits Record High Amid Iran Tensions & U.S. CPI Watch $FXS $BIFI

BIFI
BIFI
181.4
-1.89%

FXS
FXS
--
--

XAU
XAUUSDT
4,597.46
-0.07%

U.S. December nonfarm payrolls rose by 50K, below expectations of 60K.

Unemployment rate fell to 4.4%, signaling the labor market remains resilient.

Markets now expect the Fed to pause rate cuts for longer, though rate reductions later this year are still on the radar.

Equities rally:

Nasdaq +0.81%

S&P 500 +0.65%

Dow Jones +0.48% (record close!)

Gold spikes as geopolitical tensions with Iran drive safe-haven demand.

💡 Market takeaway: Investors are balancing strong labor resilience, Fed policy expectations, and geopolitical risks.

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