Investment Analysis
Gold Erases 2026 Gains as Jobs Report Fuels Fed Rate-Hike Bets
Gold erased this year’s gains as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates in 2026, a headwind for the precious metal.
Gold erased this year’s gains as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates in 2026, a headwind for the precious metal.