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Asian stocks edge up as investors brace for US jobs data; oil slips on demand worries
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Asian shares saw modest gains as investors awaited crucial US jobs data, hoping for signals of Federal Reserve rate cuts. Wall Street's record closes, spurred by a new US-Vietnam trade deal, boosted global trade optimism. However, China's slowing services activity and concerns over US consumption tempered gains, highlighting the high stakes surrounding the upcoming jobs release.
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Gold rate today: Yellow metal drops Rs 600 to Rs 99,020 per 10g; Silver plunges Rs 1,000 amid global cues
Gold prices in Delhi plummeted by Rs 600 to Rs 99,020 per 10 grams due to stockist selling and a...