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Gold Price Falls After US Jobs Report Beats Forecasts, Fed Rate Hike Back in Play

By Trader Edge at 2026-09-07 02:28

Sentiment: Positive

TLDR Gold dropped around 2% after US jobs data showed 162,000 jobs added in August, far above the 53,000 forecast The unemployment rate held steady at 4.1%, pointing to a resilient labor market Fed Governor Christopher Waller said he could support holding rates steady if inflation data continues to cool Markets now price a roughly [...] The post Gold Price Falls After US Jobs Report Beats Forecasts, Fed Rate Hike Back in Play appeared first on CoinCentral. Continue reading...

Categories: News

Tags: #News #Stocks

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