08/09/2026
Gold is under pressure as expectations of a Fed rate hike rise, with a stronger U.S. dollar and higher yields weighing on bullion.
How Does This Impact the Market?
A stronger U.S. jobs market can increase expectations of higher Fed rates, pushing Treasury yields and the U.S. dollar higher. This typically puts downward pressure on gold, as higher yields increase the opportunity cost of holding non-yielding assets like gold.
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