The moment the non-farm data came out, gold got “knocked to its knees” right away—the rate-hike expectations sliced like a blade, and it was brutal.

GLDX1.04%
PAXG0.30%
View Original
CoinNetwork
CoinWorld News: Spot gold has given back all of its gains this year, as the employment data released earlier by the United States reinforced market expectations of a Federal Reserve interest rate hike.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned