Gold retreats below $1,950 after US employment data
Gold price declined below $1,950 in the second half of the day on Wednesday. After ADP reported that employment in the private sector rose much more than expected in July, the benchmark 10-year US Treasury bond yield started to edge higher above 4%, causing XAU/USD to stretch lower.
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Gold 1944 now
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Gold price declined below $1,950 in the second half of the day on Wednesday. After ADP reported that employment in the private sector rose much more than expected in July, the benchmark 10-year US Treasury bond yield started to edge higher above 4%, causing XAU/USD to stretch lower.
If you want to trade
Gold 1944 now
Target 1950
Target 1960
Target 2000