Gold retreats from 4-month high as worries about Friday’s U.S. jobs data limit gains
December 05, 2022 at 07:56 AM EST
Gold prices briefly touch a 4-month high on Monday as the U.S. dollar remained near a five month low against major currencies, but worries about hotter-than-expected wage growth reported in Friday's U.S. November employment report pushed up Treasury yields limiting gold's gains.