Gold Rebounds After U.S. Private-Sector Hiring Slowed in August -- Market Talk
Dow Jones2026/09/02 14:341434 GMT - Gold prices rebound, rising back above $4,400 a troy ounce after private-sector hiring in the U.S. slowed in August, tempering expectations for a Fed rate hike this month. August saw the slowest pace of job creation since January, with private companies adding a net 38,000 jobs, compared to an expected 47,000. According to the CME FedWatch tool, traders are now pricing in a 66% chance of a hike compared to a 70% chance earlier on Wednesday. Futures in New York rise 0.9% to $4,435.20 a troy ounce.(giulia.petroni@wsj.com)
(END) Dow Jones Newswires
September 02, 2026 10:34 ET (14:34 GMT)
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