Gold Falls as Strong US Jobs Make Interest Rate Hikes More Likely

Gold fell 0.4% to $4,410.55 per ounce on September 7, 2026 (Reuters). Strong US hiring makes the Fed likelier to raise interest rates. Since gold pays no interest, higher rates make it less appealing. December futures fell 0.5% to $4,456.40. Gold is down 21.8% from January's record. August PPI lands September 10; CPI follows September 11.