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Macro Finance

Gold Falls as Strong US Payrolls Power Bets on Fed Rate Hikes

Bloomberg Markets·September 4, 2026·1 min read

Gold fell on Friday as a stronger-than-expected increase in US payrolls strengthened bets that the Federal Reserve will be forced to raise interest rates this year. The jobs data triggered an immediate selloff in gold markets, reflecting fears of tighter policy.

Read at Bloomberg Markets
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