Bears Dominate Wall Street and Main Street as Fed Hawkishness Weighs Ahead of Jobs Data

Gold saw sharp swings last week, opening at $4,142.13 per ounce, hitting a peak of $4,220.82, then dropping to a low of $3,959.38 amid a stronger dollar and rising rate-hike bets from the Fed. Prices settled near $4,090 by Friday after a modest rebound fueled by geopolitical concerns.