Gold Erases This Year’s Gains as Jobs Data Fuel Fed-Hike Bets - Bloomberg.com
business 2026/06/05 18:40:18

Gold Erases This Year’s Gains as Jobs Data Fuel Fed-Hike Bets - Bloomberg.com

Source:Bloomberg
Author:Yvonne Yue Li

Gold erased its gains this year as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates this year, a headwind for the precious metal.