Gold price holds near $4,400 as mixed signals keep traders cautious
Gold opens the week near $4,400, caught between rate hike fears from strong US jobs data and support from a stable dollar. Technical indicators suggest consolidation.
Gold Market
Tagged: federal reserve
Gold and silver fall as strong US jobs data fuels rate hike bets
Gold and silver prices fell as stronger US jobs data boosted expectations of higher interest rates. Analysts see a sideways trend ahead of US inflation data and the Fed's September meeting.
Gold falls as strong US jobs data pushes rate hike expectations higher
Gold prices fell on Friday after strong US employment data reinforced expectations of further Federal Reserve rate hikes, making the non-yielding metal less attractive.
Gold Slides Nearly $100 After Strong US Jobs Data
Gold dropped nearly $100 on Friday after a surprise surge in US nonfarm payrolls boosted rate-hike expectations. The metal is set for a second consecutive weekly loss, and traders now look to next week's inflation data.
Gold price slips further after strong US jobs report fuels rate hike bets
Gold extended its weekly losses on Friday, falling another 0.80% as the US dollar and bond yields rose on bets that the Fed could raise rates in September.
Gold steady ahead of US payrolls data after Thursday’s 2% jump
Spot gold held at $4,469.26 on Friday after a 2% rally on Thursday. Traders now await US payrolls data for clues on the Federal Reserve’s next rate decision.
Gold steadies ahead of US payrolls data, set for weekly gain
Gold held steady on Friday as markets waited for US employment figures that could shape Federal Reserve rate policy. The precious metal is on track for a modest weekly gain.
Gold jumps 2% after Fed’s Waller signals rate hold on cooling inflation
Gold prices jumped more than 2% after Fed Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar added to the rally.
Gold jumps over 2% as Fed’s Waller signals support for rate pause
Gold price jumped more than 2% on Thursday after Fed Governor Christopher Waller signalled he would support keeping rates unchanged if disinflation continues. Mixed US data and a weaker dollar added to the rally.