Macro Finance
Gold Holds Above $4,300 as Soft Jobs Data Trims Rate-Hike Bets
Bloomberg Markets·August 9, 2026·1 min read
Gold steadied above $4,300 an ounce as investors assessed a surprise contraction in the US jobs market that allayed concerns around an interest-rate hike. The precious metal held its ground amid shifting monetary policy expectations following the weaker-than-expected employment data.
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