Mint Markets · Finance · 2026-09-06
Gold Holds Decline as Traders Weigh Prospects for Fed Rate Hike
Bullion was little changed near $4,430 an ounce, after falling 1% in the previous session. US job growth surged in August and the unemployment rate held steady. A gauge of the dollar rose, making gold that’s priced in the US currency more expensive for many buyers. Traders dialed up bets on a rate hike in September, pricing in a roughly 60% likelihood.
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