Gold sinks to 4-month low as job data loom – MarketWatch

Gold sinks to 4-month low as job data loom
MarketWatch
Rising interest rates can be negative for nonyielding gold and a higher-rate trajectory tends to lift the dollar, leaving the gold priced in greenbacks less attractive to buyers using other currencies. The ICE U.S. dollar index DXY, +0.51% was up 0.4 …