Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Prices Plummet After Strong US Nonfarm Payrolls Report and China's Pause in Gold ...
Gold Prices Plummet After Strong US Nonfarm Payrolls Report and China's Pause in Gold Buying
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#50bb159c ver:1.3
Gold prices plummeted to a four-week low after strong US nonfarm payrolls data and China's pause in gold buying. The US added 272,000 jobs in May, surpassing expectations, indicating a robust economy and potentially delaying a rate cut by the Federal Reserve. The strong US dollar and China's halt in gold purchases contributed to the decline in gold prices. Traders are now focused on upcoming US inflation data and the Fed's monetary policy meeting. #GoldPrices #USJobs #FederalReserve #China...
#newstr #GoldPrices #UsNonfarmPayrolls #China'sGoldBuyingSpree
https://here.news/story/50bb159c?ver=1.3
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#50bb159c ver:1.3
Gold prices plummeted to a four-week low after strong US nonfarm payrolls data and China's pause in gold buying. The US added 272,000 jobs in May, surpassing expectations, indicating a robust economy and potentially delaying a rate cut by the Federal Reserve. The strong US dollar and China's halt in gold purchases contributed to the decline in gold prices. Traders are now focused on upcoming US inflation data and the Fed's monetary policy meeting. #GoldPrices #USJobs #FederalReserve #China...
#newstr #GoldPrices #UsNonfarmPayrolls #China'sGoldBuyingSpree
https://here.news/story/50bb159c?ver=1.3