Why Gold and Oil Are Both Climbing Ahead of Friday’s Jobs Report (Aug 31 – Sep 4)

why is gold rising despite hawkish Fed

If you only look at one week of markets this quarter, this might be it. Federal Reserve Chair Kevin Warsh just delivered one of the most hawkish speeches of his tenure, an unresolved military standoff over the Strait of Hormuz is keeping oil and gold both elevated, and Friday brings the single most-watched U.S. economic … Read more