Gold Research

Gold hits seven-week high as weak U.S. jobs data dents rate hike bets - CNBC

Gold hits seven-week high as weak U.S. jobs data dents rate hike bets CNBC

Gold hits seven-week high as weak U.S. jobs data dents rate hike bets CNBC

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: CNBC
  • 2026-08-07
  • rates

Topics: gold news, gold price impact, rates