After a significant rise yesterday, spot gold remains strong, currently trading above $2370 per ounce. Today, investors will focus on the U.S. nonfarm payrolls, which is expected to trigger significant movements in the gold market.
1. The ADP National employment fell short of expectations. Wednesday's data showed that U.S. private sector employment increased by 152,000 in May, below the expected 175,000 and April's 188,000.
2. Data released by the U.S. Department of Labor on Thursday showed...
If Nonfarm Payrolls Disappoints, Gold Prices May Experience Significant Volatility
1. The ADP National employment fell short of expectations. Wednesday's data showed that U.S. private sector employment increased by 152,000 in May, below the expected 175,000 and April's 188,000.
2. Data released by the U.S. Department of Labor on Thursday showed...
If Nonfarm Payrolls Disappoints, Gold Prices May Experience Significant Volatility