Finance2h ago
Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets
Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.
This story was originally reported by Economic Times โ Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (2)
Yen jumps on BOJ hike bets, dollar slips on Waller comments
Gold gains over 1% as softer dollar, lower yields ease Fed rate hike pressure
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