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As on : 08-Dec-2025
Other Markets - Bullion Markets
08-Dec-2025     14:47

Gold traders focus on JOLTS and fresh Fed projections

Gold futures hovered near $4240 per ounce on Monday, holding slightly weak to flat after last week's decline as traders awaited the Federal Reserve's final policy decision of the year. Markets widely expect a rate cut, while the Fed's updated projections for 2026 and beyond may shape the longer-term trajectory for bullion. Attention also turns to Tuesday's JOLTS report, the final labor reading before the Fed announcement. In the physical market, China continued its persistent gold accumulation for the 13th straight month, lifting reserves to about 74.12 million troy ounces and reinforcing steady central-bank demand. MCX February bullion futures traded flat at ₹130450 per 10 grams, with resistance seen near ₹131500.

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