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Gold Extends Drop as Jobs Data, Hormuz Clashes Up Rate-Hike Bets

1 source ·1 article ·11h ago

Gold extended a decline, as stronger-than-expected US jobs growth and rising tensions in the Middle East raised the prospects for an interest-rate hike as early as next week.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·11h ago

Gold Extends Drop as Jobs Data, Hormuz Clashes Up Rate-Hike Bets

Gold extended a decline, as stronger-than-expected US jobs growth and rising tensions in the Middle East raised the prospects for an interest-rate hike as early as next week.