According to Jin Shi data reports, gold prices fell slightly in the Asian session, possibly due to a technical correction after last Friday's futures prices surged nearly 1.7%. However, the market's expectations for a Federal Reserve interest rate cut have limited the downside potential for gold prices.
Market analyst Fawad Razaqzada pointed out that last Friday's employment data showed clear signs of weakness, which poses a challenge to the Federal Reserve's employment mission, and dovish sentiment is gathering.
