# Gold drops as strong US payrolls boost dollar, yields

- Source: Economic Times
- Published: 2026-11-07T04:10:07+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/commodities/news/gold-drops-as-strong-us-payrolls-boost-dollar-yields/articleshow/135626183.cms
- Canonical: https://groundlevelnews.com/story/gold-drops-as-strong-us-payrolls-boost-dollar-yields-d1ff52/

In light of stronger-than-anticipated US payroll figures, gold prices dipped significantly as the data suggested a robust labor market. This development heightened expectations for sustained high-interest rates from the Federal Reserve, bolstering the dollar's strength. Spot gold saw a decline of 0.3% to reach $4,074.36 per ounce, while US gold futures fell by 0.9%. However, Indian retail demand p

_Ground Level News shows a short summary only; the full article and all rights belong to Economic Times._