What is key point #1 about "Gold Price Jumps 8% as Fed Hike Bets Fade"?

Gold posted a weekly gain of more than 8%, reaching a seven-week high.

What is key point #2 about "Gold Price Jumps 8% as Fed Hike Bets Fade"?

Weak US employment data lowered expectations of a near-term Federal Reserve rate hike.

Analysts see a positive near-term outlook but recommend watching inflation, yields, the dollar and Middle East developments.

Home/Politics/Gold Price Jumps 8% as Fed Hike Bets Fade

Politics

By KICKU RA KICKU

•

46 minutes ago

•

3 min read

Size:

Key Highlights

1Gold posted a weekly gain of more than 8%, reaching a seven-week high.
2Weak US employment data lowered expectations of a near-term Federal Reserve rate hike.
3Analysts see a positive near-term outlook but recommend watching inflation, yields, the dollar and Middle East developments.

✓Fact-Checked by Krihaa Editorial

Join the conversation

📢 SPONSORED ADVERTISEMENT

India’s trusted news app ❤️

krihaa