Gold futures rebound after August payrolls lift yields, dollar
Gold futures claw back some losses following August payrolls that rose by 162,000, lifting short-term Treasury yields and strengthening the dollar. Traders will watch next week’s U.S… for follow-through on Fed rate expectations this month.
Gold futures claw back some of the losses made in the wake of the 162,000 increase in August payrolls that caused short-term Treasury yields to spike and strengthened the dollar, increasing expectations for a Fed interest-rate increase this month.
The market will be closely watching next week's U.S…