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Gold Prices Plunge as Strong US Jobs Data Fuels Rate Hike Bets
Gold prices have plunged, nearly wiping out year-to-date gains, following strong US jobs data that has intensified expectations for interest rate hikes. This economic news also contributed to a fall in stock markets.
5 Jun, 15:37 — 5 Jun, 21:25
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)3 sources25/33
Spectrum spread— 3/5 buckets covered17/33
Far L
Left1
Left (1)
Yahoo
Center1
Center (1)
bloomberg
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 1 region4/34
US3
ℹAll sources from US region
Sources
Showing 3 of 3 sources
bloombergHigh84d ago
Warsh Faces Early Test as Blowout Jobs Fuel Rate-Hike Bets - Bloomberg.com
Warsh Faces Early Test as Blowout Jobs Fuel Rate-Hike Bets Bloomberg.com
Read full article →YahooMostly Factual84d ago
Stocks fall as strong jobs data fuels rate hike bets; oil set for weekly gain
Read full article →seeking-alphaMixed83d ago
Gold plunges, nearly wiping out YTD gains, as U.S. jobs data raises rate-hike bets
Read full article →Coverage Timeline
First report: Yahoo · 5 Jun, 15:37|Full coverage: 3 · 6h|Window: 6h
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