Gold futures have demonstrated remarkable strength over three consecutive trading sessions, climbing from Monday's low of $2,624.60 to nearly $2,700 per troy ounce.

Private sector employment grew by 122,000 jobs in December, falling short of market expectations and showing a decline from November's figures, according to the latest ADP National Employment Report.

The People's Bank of China (PBOC) has increased its gold holdings to 73.3 million ounces in December 2024, up from 73 million ounces in November, according to SP Angel analysts.