Community Articles

via BeInCrypto · By BeInCrypto Editorial

Gold Just Erased Its 2026 Gains But Four Banks Agree on What Comes Next

BE
BeInCrypto Editorial
(05:20 AM UTC)
1 min read
EW
Updated byEmily Watson
1484 views
0 comments

Gold just hit its lowest point of 2026, and the institutions that called the bull run are not flinching. It was triggered by the latest jobs report: the US economy added 172,000 jobs in May, nearly double the 85,000 analysts had forecast.

That single number sent the dollar higher, pushed bond markets to price a 68% chance of a Fed rate hike by December, and dropped gold 3.27% to $4,339, erasing…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Comments
Comments
Other Community Articles