[Spot gold fell in the Asian morning session, impacted by strong employment data and reduced risk aversion] On December 5, spot gold declined during the Asian morning trading session. The ANZ research team stated that the latest U.S. employment data has limited impact on expectations for a Federal Reserve rate cut next week, as initial jobless claims dropped to the lowest level in over three years. Meanwhile, easing geopolitical tensions led to a reduction in safe-haven buying.