U.S. Bureau of Labor Statistics data showed non-farm payrolls rose by 57,000 in June, below market expectations of 110,000, while the prior two months’ payroll figures were revised down by 74,000. According to NS3.AI, the unemployment rate fell as the labor force participation rate declined.
Spot gold briefly surged following the data release. Markets also fully priced a Federal Reserve rate hike in December rather than October.
PRECIOUS METALS | Gold Briefly Rises After June U.S. Payrolls Miss Expectations
2026-07-02 12:54:54
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