On Thursday, gold prices dipped as the U.S. weekly jobs data suggested a tight labor market, which could keep the Fed on its rate-hiking cycle and support the currency and Treasury yields.
At 3:23 p.m. ET on Thursday, spot gold had fallen to $1,836.39 per ounce after gaining in each of the prior three trading days. Gold prices in the United States dropped by 0.15% to $1,842.7.
As was previously reported, the number of peopl....
Tags : gold prices fall, U.S. weekly jobs, rate-hiking cycle, currency and Treasury yields,