The Story
News Summary
- Gold prices tumbled below $4,300 per ounce, extending a brutal selloff driven by a surprisingly strong US jobs report.
- The robust labor market data fueled expectations of further Federal Reserve rate hikes and pushed Treasury yields higher, significantly reducing the appeal of non-yielding bullion.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4385.70
-5.00% over the displayed period
Advisor Snapshot
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