Gold could decline after bounce; traders watch U.S. jobs data
Market commentary says gold may still decline despite a recent bounce, citing hawkish remarks from Fed Chair Warsh and inflation concerns tied to renewed U.S.-Iran tensions. Focus remains on upcoming U.S. jobs data.
Gold prices could still decline, despite their recent bounce, says Tickmill's Joseph Dahrieh in a commentary.
The precious metal may be weighed down by Fed Chair Warsh's recent hawkish remarks and oil-driven inflation concerns from the renewed U.S.-Iran tensions.
Investors are focusing on the comin…