{"id":59610,"date":"2026-08-15T10:36:10","date_gmt":"2026-08-15T10:36:10","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-ca\/uncategorized\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/"},"modified":"2026-08-15T10:36:10","modified_gmt":"2026-08-15T10:36:10","slug":"gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/","title":{"rendered":"Gold prices tumble against strong US jobs data and rate cut uncertainty\u00a0"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Key points:<\/strong>&nbsp;<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gold prices fell 4.5%, dropping below $2,300 per ounce after strong US jobs data.&nbsp;<\/li>\n\n\n\n<li>Non-farm payrolls surged to 272,000 in May, far exceeding expectations.&nbsp;<\/li>\n\n\n\n<li>Upcoming US inflation data and Fed interest rate decision will determine market sentiment.&nbsp;<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p class=\"wp-block-paragraph\">Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/06\/Image-18-1024x504.jpg\" alt=\"The chart displays the XAUUSD-ECN (Gold) trading pair on a 1-hour timeframe, showing a downtrend of -0.35%. The opening price is 2311.84, the closing price is 2303.73, the highest price is 2312.45, and the lowest price is 2297.72. The chart includes moving averages (MA) and the MACD (12,26,9) indicator.\" class=\"wp-image-13704\" style=\"width:1450px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>The image above shows the how gold is under pressure, as observed on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets app<\/a>.\u00a0<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/www.vtmarkets.com\/analysis\/strong-nonfarm-payrolls-report-throws-rate-cut-timeline-of-the-federal-reserve-into-question\/\" target=\"_blank\" rel=\"noreferrer noopener\">nonfarm payrolls report for May<\/a> revealed a substantial addition of 272,000 jobs, surpassing expectations of 175,000. This impressive job growth indicates a still-hot US economy, complicating the rate cut timeline of the Federal Reserve. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Higher job numbers suggest that the economy is growing more than anticipated, which could sway the Fed into maintaining its current interest rates rather than lowering them.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rationale is straightforward. There is less necessity to stimulate borrowing if businesses and consumers are already thriving. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For a better understanding of how interest rate decisions affect your trading strategy, see also: <a href=\"https:\/\/www.vtmarkets.com\/blog\/education\/interest-rate-tug-of-war-for-central-banks-hawkish-vs-dovish\/\" target=\"_blank\" rel=\"noreferrer noopener\">Interest rate tug-of-war for central banks<\/a>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>How this impacts the yellow metal<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A robust labor market diminishes the likelihood of near-term interest rate cuts, which in turn strengthens the US dollar. A stronger dollar makes dollar-denominated commodities like gold more expensive for holders of other currencies, leading to decreased demand and lower prices.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gold has always been sensitive to expectations about US interest rates. During the period of rate hikes from late 2015 through 2018, gold prices experienced downward pressure as higher interest rates increased the opportunity cost of holding non-yielding assets like gold.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Conversely, during the economic uncertainty in 2020, when the Fed cut rates to near zero, gold prices soared to record highs.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Related content: <a href=\"https:\/\/www.vtmarkets.com\/tools\/education\/trading-guides\/how-to-trade-gold\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to trade gold<\/a>&nbsp;<\/p>\n\n\n\n<h1 class=\"wp-block-heading has-medium-font-size\"><strong>What traders should look out for&nbsp;in June<\/strong><\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">This week, the focus shifts to the US inflation data for May. Additionally, the interest rate decision by the Fed and subsequent commentary from Chairman Powell will be key in shaping market expectations and sentiment.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83e\ude99 Gold Prices Forecast: Stable as Fed and Inflation Move to Forefront<a href=\"https:\/\/x.com\/hashtag\/Gold?src=hash&amp;ref_src=twsrc%5Etfw\">#Gold<\/a> <a href=\"https:\/\/x.com\/hashtag\/GoldForecast?src=hash&amp;ref_src=twsrc%5Etfw\">#GoldForecast<\/a> <a href=\"https:\/\/x.com\/hashtag\/XAUUSD?src=hash&amp;ref_src=twsrc%5Etfw\">#XAUUSD<\/a> <a href=\"https:\/\/t.co\/A9n9QZSTJu\">https:\/\/t.co\/A9n9QZSTJu<\/a><\/p>&mdash; FXEmpire (@FXEmpirecom) <a href=\"https:\/\/x.com\/FXEmpirecom\/status\/1800160347418214525?ref_src=twsrc%5Etfw\">June 10, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Gold prices are likely to remain under pressure in the short term as strong economic data reduces the likelihood of imminent rate cuts. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If inflation data remains stable and the Fed adopts a more cautious approach to rate cuts, gold could stabilise but may not see significant upward movement, creating an environment for those who favour <a href=\"https:\/\/www.vtmarkets.com\/blog\/education\/why-scalping-may-be-a-viable-trading-strategy-for-you-this-year\/\" target=\"_blank\" rel=\"noreferrer noopener\">scalping<\/a> as a trading strategy.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Create your live VT Markets account<\/strong><\/a><strong> and <\/strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>start trading<\/strong><\/a><strong> now.<\/strong>&nbsp;<\/p>\n\r\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-ca\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>\n\n<!-- vt-src:13703 -->","protected":false},"excerpt":{"rendered":"<p>Key points:&nbsp; Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce.&nbsp;&nbsp; The image above shows the how gold is under pressure, as observed on the VT Markets app.\u00a0 The nonfarm payrolls report for May revealed a substantial <a href=\"https:\/\/www.vtmarkets.com\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-59610","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1\" \/>\n\n\t\t<script type=\"text\/javascript\"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); <\/script>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-08-15T10:36:10+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-08-15T10:36:10+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vtmarketsglobal\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:site\" content=\"@vtmarketsglobal\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@vtmarketsglobal\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"position\":2,\"name\":\"Today's Analysis\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/#listItem\",\"name\":\"Gold prices tumble against strong US jobs data and rate cut uncertainty\\u00a0\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/#listItem\",\"position\":3,\"name\":\"Gold prices tumble against strong US jobs data and rate cut uncertainty\\u00a0\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\",\"name\":\"VT Markets\",\"description\":\"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"telephone\":\"+27101412968\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/vtmarketsglobal\\\/\",\"https:\\\/\\\/x.com\\\/vtmarketsglobal\",\"https:\\\/\\\/www.instagram.com\\\/vtmarkets\\\/\",\"https:\\\/\\\/www.tiktok.com\\\/@vtmarketsglobal\",\"https:\\\/\\\/youtube.com\\\/@vtmarkets\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/vt-markets\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/\",\"name\":\"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets\",\"description\":\"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\"},\"datePublished\":\"2026-08-15T10:36:10+00:00\",\"dateModified\":\"2026-08-15T10:36:10+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets","description":"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading","canonical_url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":"&lt;script type=\"text\/javascript\"&gt; (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); &lt;\/script&gt;"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/en-ca","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","name":"Today's Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","position":2,"name":"Today's Analysis","item":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/#listItem","name":"Gold prices tumble against strong US jobs data and rate cut uncertainty\u00a0"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/#listItem","position":3,"name":"Gold prices tumble against strong US jobs data and rate cut uncertainty\u00a0","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","name":"Today's Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization","name":"VT Markets","description":"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets","url":"https:\/\/www.vtmarkets.com\/en-ca\/","telephone":"+27101412968","sameAs":["https:\/\/www.facebook.com\/vtmarketsglobal\/","https:\/\/x.com\/vtmarketsglobal","https:\/\/www.instagram.com\/vtmarkets\/","https:\/\/www.tiktok.com\/@vtmarketsglobal","https:\/\/youtube.com\/@vtmarkets","https:\/\/www.linkedin.com\/company\/vt-markets\/"]},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/#webpage","url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/","name":"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets","description":"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author"},"datePublished":"2026-08-15T10:36:10+00:00","dateModified":"2026-08-15T10:36:10+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website","url":"https:\/\/www.vtmarkets.com\/en-ca\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets","og:description":"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading","og:url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/","article:published_time":"2026-08-15T10:36:10+00:00","article:modified_time":"2026-08-15T10:36:10+00:00","article:publisher":"https:\/\/www.facebook.com\/vtmarketsglobal\/","twitter:card":"summary_large_image","twitter:site":"@vtmarketsglobal","twitter:title":"Gold prices tumble against strong US jobs data and rate cut uncertainty - VT Markets","twitter:description":"Key points: Gold prices continued to tumble, weighed down by stronger-than-expected US nonfarm payrolls data. The yellow metal saw an observable drop, moving from $2,390 to $2,290 per ounce. The image above shows the how gold is under pressure, as observed on the VT Markets app. The nonfarm payrolls report for May revealed a substantial Continue Reading","twitter:creator":"@vtmarketsglobal"},"aioseo_meta_data":{"post_id":"59610","title":null,"description":null,"keywords":null,"keyphrases":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_custom_url":null,"og_image_custom_fields":null,"og_custom_image_width":null,"og_custom_image_height":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"none","tabs":null,"priority":null,"frequency":null,"local_seo":null,"created":"2026-08-15 10:36:10","updated":"2026-08-15 10:36:10"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tGold prices tumble against strong US jobs data and rate cut uncertainty \n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-ca"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/"},{"label":"Gold prices tumble against strong US jobs data and rate cut uncertainty\u00a0","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-prices-tumble-against-strong-us-jobs-data-and-rate-cut-uncertainty\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/59610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=59610"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/59610\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=59610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=59610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=59610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}