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Gold Erases This Year’s Gains as Jobs Data Fuel Fed-Hike Bets

Bloomberg

BusinessBloomberg·Jun 5, 2026·1 min read

Gold Erases This Year’s Gains as Jobs Data Fuel Fed-Hike Bets

Gold erased its gains this year as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates this year, a headwind for the precious metal.

View original source — Bloomberg ↗

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