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Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets
Spot gold dropped over 3% to $4,336 per ounce on June 5 after strong US jobs data boosted rate expectations, extending weekly losses to roughly 4.3%.
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economictimes.indiatimes.com
Gold price today crashes over 1 per cent, check latest Gold rate
Gold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bullion.
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thehindubusinessline.com
Gold falls most in two months as jobs fuel Fed rate-hike bets
Gold prices plummet as strong US jobs data fuels expectations of Fed rate hikes, impacting bullion and bond markets.
