Gold, Inflation and Safe-Haven Flows
Spot Gold Falls 0.8%
Spot gold was down 0.8% at $4,392.88 per ounce at 10:36 GMT. Reuters precious-metals report
Stronger Employment Raises the Rate Question
The United States added 162,000 nonfarm jobs in August, while unemployment remained at 4.1%. Bureau of Labor Statistics
Higher expected rates and Treasury yields can weaken gold demand because bullion generates no interest income.
Oil Creates a Competing Inflation Signal
Brent crude traded above $97 as attacks affecting shipping around the Strait of Hormuz increased supply concerns.
What traders should watch next
- US producer-price inflation on September 10
- US consumer-price inflation on September 11
- Treasury yields
- US dollar movements
- Energy prices
- Federal Reserve decision on September 16
#Gold #GoldPrice #PreciousMetals #Inflation
Risk disclaimer: Precious metals and leveraged products can fluctuate substantially. This article is informational and does not provide personalized investment advice.



