Wall Street split on gold price path after drop below $4,300, Main Street maintains bullish majority as jobs take center stage

Gold failed to sustain an early move above $4,350 as higher U.S. Treasury yields and increasingly hawkish Federal Reserve expectations weighed on the metal. Persistent energy-driven inflation concerns, compounded by the U.S.-Iran conflict, reinforced the prospect of tighter monetary conditions and created further headwinds for non-yielding gold.