Economic TimesLean R·
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. As investors look ahead to key U.S. jobs data for hints about interest rate trends, Federal Reserve officials have hinted at possible rate increases should inflation remain a concern. Meanwhile, movements in other precious metals were mixed during early trading.
Read at Economic Times →
