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Gold Price Falls After US Jobs Report Beats Forecasts, Fed Rate Hike Back in Play

CoinCentral·September 4, 2026·1 min read
Gold Price Falls After US Jobs Report Beats Forecasts, Fed Rate Hike Back in Play

Gold fell about 2% after US jobs data showed 162,000 jobs added in August, far above the 53,000 forecast. The unemployment rate held steady at 4.1%, pointing to a resilient labor market. Governor Christopher Waller said he could support holding rates steady if inflation data continues to cool.

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