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Gold falls to 2-month low on strong US jobs data

article author: Reuters Author: Mon, 2026-06-08 21: 32 LONDON: Gold prices fell to their lowest in more than two months on Monday, after last week’s strong US jobs data boosted expectations of a Federal Reserve rate hike, while Israel and Iran traded strikes, pushing oil prices higher and fueling inflation concerns. Spot gold fell ‌0. 9 percent to $4, 290. 66 ‌per ounce by 0845 GMT, its lowest ‌level since March 23, having already lost more than 3 percent on Friday. Main category: Business & Economy Tags: Gold price

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