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via BeInCrypto · By BeInCrypto Editorial
Gold Just Erased Its 2026 Gains But Four Banks Agree on What Comes Next
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BeInCrypto Editorial(05:20 AM UTC)
1 min read
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…
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