{"id":45805,"date":"2025-09-27T05:27:25","date_gmt":"2025-09-27T05:27:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/45805\/"},"modified":"2025-09-27T05:27:25","modified_gmt":"2025-09-27T05:27:25","slug":"unemployment-data-fell-short-of-expectations-and-expectations-of-a-rate-cut-cooled-leading-to-a-slight-rise-in-gold-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/45805\/","title":{"rendered":"Unemployment data fell short of expectations, and expectations of a rate cut cooled, leading to a slight rise in gold prices."},"content":{"rendered":"<p>Gold prices closed slightly higher on Thursday (September 25th). The latest US jobs data showed an unexpected decline in initial jobless claims, cooling market expectations for further interest rate cuts from the Federal Reserve (Fed). Investors are awaiting Friday&#8217;s release of the core personal consumption expenditures (PCE) price index, which is considered a key indicator of Fed policy decisions.<\/p>\n<p>Spot gold closed up 0.1% at $3739.42 an ounce, having risen as much as 0.6% earlier in the session. Gold futures for December delivery also rose 0.1% to $3771.10 an ounce. Gold prices hit a record high of $3790.82 earlier this week, but gains pared after the latest data.<\/p>\n<p>Silver surged 2.2% to $44.87 per ounce, a more than 14-year high. Platinum rose 3.5% to $1524.15 per ounce, its highest level since 2013. Palladium also performed well, rising 3.6% to $1254.04 per ounce.<\/p>\n<p>The U.S. Department of Labor announced that the number of initial unemployment benefits last week was 21.8, lower than the market expectation of 23.5.<\/p>\n","protected":false},"excerpt":{"rendered":"Gold prices closed slightly higher on Thursday (September 25th). The latest US jobs data showed an unexpected decline&hellip;\n","protected":false},"author":2,"featured_media":45806,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-45805","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/45805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=45805"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/45805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/45806"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=45805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=45805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=45805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}