[Analyst Says Market May View Gold as a Hedge Against Fed Policy Missteps] MarketPulse analyst Christian Norman stated that the U.S. September non-farm payroll data exceeded expectations, reinforcing the Federal Reserve's inclination to delay rate cuts. However, the market remains skeptical about whether the Fed can make the right decisions in the absence of sufficient data. Although a high-interest-rate environment is typically unfavorable for gold, the market has shown signs of treating gold as a tool to hedge against 'policy missteps.' If the Fed chooses to hold rates steady in December and subsequent data proves that not cutting rates was a mistake, it could weaken market confidence in the U.S. dollar, making gold a more reliable safe-haven asset. While this logic remains secondary for now, it may provide some support for gold prices.