Gold Rebounds as Dollar and Treasury Yields Retreat

Gold prices went back up after falling to their lowest level in nearly a month.

The U.S. dollar and government bond yields both became weaker.

When these investments become less attractive, gold can sometimes look more appealing.

Investors are waiting for an important U.S. jobs report on Friday.

That report may give clues about what the Federal Reserve will do with interest rates.

A private jobs report was weaker than expected, but gold barely reacted.

One analyst said the private report is less important than the official jobs report.

Traders currently see a 64% chance of an interest rate hike this month.

Other precious metals, including silver, platinum, and palladium, also rose.