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Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets
Gold prices fell 3.6% after 172,000 US jobs were added in May, doubling forecasts and pushing Fed rate hike expectations past 68% by December 2026.
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forbes.com
Gold And Silver Plunge To Two-Month Low After Strong Jobs Data
Strong jobs data and expectations the Federal Reserve will maintain or raise interest rates this year pushed gold and silver prices to two-month lows on Friday.
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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.
