Connect with us

Hi, what are you looking for?

Markets

Gold ends at lowest level since March as Treasury yields rise on strong U.S. employment and service-sector data

Gold futures settled Thursday at their lowest level since mid-March as Treasury yields climbed on data showing strength in U.S. private-sector employment and in the service sector.

The upbeat economic data raised the likelihood of further interest-rate hikes by the Federal Reserve to help calm inflation.

Price action

Market drivers

The…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube