Gold declines 3% to $4341.52
The price of gold declined by approximately 3%, falling to $4,341.52 per ounce after the release of a strong US jobs report, which boosted expectations of the Federal Reserve continuing to raise interest rates for a longer period. Other precious metals, such as silver, platinum, and palladium, also declined significantly, with their weekly losses reaching substantial percentages.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)