Gold Prices Decline Amid Stronger Dollar and US Jobs Data Anticipation
TL;DR Summary
Gold prices dropped over 1% as the dollar reached three-month highs, with traders awaiting US jobs data and considering the likelihood of no further Fed rate cuts this year, amid easing US-China trade tensions and a strong dollar impacting bullion demand.
- Gold slips more than 1% on stronger dollar as market awaits US jobs data CNBC
- Gold Holds Drop as Investors Weigh Outlook for Dollar, US Rates Bloomberg.com
- A Golden Buy The Dip Opportunity (NYSEARCA:GLD) Seeking Alpha
- Gold Rises Ahead of U.S. Jobs Data The Wall Street Journal
- Gold Price Keeps Falling. Watch Out for ‘Correction Territory.��� Barron's
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