Rewards Hub U.S. nonfarm payrolls data fell short of market expectations, triggering a significant rally in precious metals. Spot gold prices surged over $40, reaching $5,112 per ounce, while spot silver climbed $1.60 to trade at $83.85 per ounce. Concurrently, the U.S. Dollar Index (DXY) experienced a sharp decline, dropping more than 20 points to 99.14.
U.S. Nonfarm Payrolls Miss Expectations, Gold Surges $40
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.