Gold gains as bond yields tick lower, traders await more US data
Thu, Sep 7, 2023 7:45 PM

Gold gains as bond yields tick lower, traders await more US data

A Flip by Bhavya Sabharwal
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Gold prices rose on Thursday as Treasury yields eased and investors anticipate more US economic data which could influence Federal Reserve's interest rate hike. The dollar remains strong as the U.S. services sector data was better-than-expected. Despite this, 95% of traders expect no change to the Fed's rate in September, but US jobless claims data due at 1230GMT may offer more insight.  

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