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Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets
Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.
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economictimes.indiatimes.com
Gold hits over two-week low, US jobs data in focus
On Wednesday, gold prices hit their lowest point in two weeks, driven down by rising Treasury yields and a stronger dollar that made the metal pricier for international customers.…
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thehindubusinessline.com
Gold jumps over 1%: What’s driving prices today?
Gold rises over 1% amid easing dollar and Treasury yields, as investors await crucial US nonfarm payrolls data.
