robo

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Gold prices remained stable on after weak private sector employment data strengthened expectations for a U.S. interest rate cut next week, while silver reached a fresh all-time high. Spot gold saw minimal change,
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trading at $4,202.06 per ounce at 2:03 p.m. ET (1903 GMT), following an earlier peak of $4,241.29. U.S. gold futures for February delivery edged up 0.3%, closing at $4,232.50. Silver prices steadied after touching a record high of $58.98 earlier in the session. "The ADP data, which fell short of expectations this morning, combined with silver's overnight record high, has fostered a supportive backdrop for gold," noted Bob Haberkorn, senior market strategist at RJO Futures. He added that gold is currently following silver's lead, though silver still trails behind. Wednesday's ADP employment report revealed a loss of 32,000 jobs in the U.S. private sector for November, defying economists' predictions of a 10,000 gain. According to CME's FedWatch tool, there is now an 89% probability that the U.S. central bank will lower interest rates next week, with major brokerages also anticipating a rate cut during its December 9-10 policy meeting. Markets are also awaiting the delayed September personal consumption expenditures data, the Fed's preferred inflation gauge, scheduled for release on Friday. Lower interest rates generally benefit non-yielding assets such as gold. Silver has surged 102% so far this year, fueled by increased capital inflows into the U.S. stock market, its addition to the U.S. essential minerals list, and concerns over market liquidity stemming from structural supply shortages. "Silver prices are climbing due to supply worries at the exchange level," Haberkorn explained, predicting the metal could soon approach the $60 per ounce milestone. Copper prices also hit a record high on Wednesday, supported by a weaker dollar, supply concerns, and reduced metal availability in warehouses registered with the London Metal Exchange. Meanwhile, platinum rose 0.9% to $1,652.03 per ounce, and palladium gained 0.4% to $1,466.98.
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1, Core narrative: It's not just about trading coins, but rather 'putting robots on the chain.'

ROBO's vision is massive, aiming to establish a decentralized economy and governance infrastructure for future autonomous robots.

· Issuing ID cards for robots: Utilizing blockchain to give robots a unique, verifiable on-chain identity.
· Robots making their own 'money': Equipping robots with wallets, enabling them to autonomously pay for electricity, purchase data, and even trade services.
· Proof of Robot Work (PoRW): Innovated the 'Proof of Robot Work' mechanism, where token output is tied to the amount of effective tasks completed by the robots.