Gold wavers after US jobs surprise, but long-term outlook remains bullish
Gold prices wavered after a surprisingly strong US jobs report, but analysts see the pullback as temporary amid rising debt, bond yields, and geopolitical tensions.
Gold Market
Tagged: bond yields
Gold and silver rise for second day as dollar weakens and yields ease
Gold and silver prices rose for a second straight session on MCX as the US dollar weakened and bond yields eased. Investors now await US nonfarm payrolls data.
Gold and silver ETFs drop up to 4% on Fed hawkishness and rising yields
Gold and silver ETFs fell up to 4% on August 31 after hawkish Federal Reserve remarks pushed bond yields higher and strengthened rate-hike expectations, while US-Iran tensions fuelled inflation concerns.
Gold price hits fresh high since mid-May above $4,650
Gold rose above $4,650 on Monday, its highest since mid-May. Lower US bond yields and a softer dollar, as expectations for a Fed rate hike fade, underpin the move.
Gold and silver could break 2026 highs if levels hold for ten sessions
Spot gold and silver could break their 2026 highs if prices remain above $4,500 and $67.00 for the next ten trading sessions, according to Asian metals market commentary.