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Gold

Dollar Surge Weighs on Gold, Trump Trade Policy Fears Limit Losses

Gold Prices Rise on Fed Rate Cut Bets; Silver Hits 13-Year Peak
Gold Prices Rise on Fed Rate Cut Bets; Silver Hits 13-Year Peak

Gold prices dropped 0.5% to $2,677.13 per ounce following strong U.S. jobs data that dampened expectations for early Fed rate cuts. While a strengthening dollar pressured gold prices, ongoing uncertainty around President-elect Trump’s proposed trade policies and inflation concerns continued to provide underlying support for the precious metal.

Eight more from the desk

Other dispatches from the bullion wire.