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Gold Prices Fluctuate Amid Strong Jobs Data and Middle East Tensions

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Insights by Echo AI

Gold prices fluctuated around $4,400, influenced by strong U.S. jobs data which revived bets on a Federal Reserve interest rate hike, and ongoing Middle East tensions that supported safe-haven demand. The precious metal slipped below $4,400 but held near that level, with markets pricing in a roughly 60% chance of a Fed hike next week.

Source coverage

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X / Twitter

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5 Sources

  1. First Squawk avatar

    First Squawk

    X / Twitter / @FirstSquawk

    GOLD HOLDS NEAR $4,430 AFTER A SHARP DROP AS STRONG US JOBS DATA LIFTS...

  2. Investing.com avatar

    Investing.com

    RSS / @investing.com/rss/news.rss

    Gold holds near $4,400 as strong payrolls, Iran tensions lift Fed hike...

  3. Investing.com avatar

    Investing.com

    RSS / @investing.com/rss/news.rss

    Gold slips below $4,400 as strong payrolls revive Fed hike bets

  4. First Squawk avatar

    First Squawk

    X / Twitter / @FirstSquawk

    GOLD HOLDS NEAR $4,400 AS MIDDLE EAST TENSIONS SUPPORT SAFE-HAVEN DEMA...

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