Gold surged straight past 4,100 today, peaking around 4,146—the first time in half a month.
The past two days have been no joke. Yesterday, it climbed back above 4,000 and gained over 3%; today, it pushed higher again, rising around 1.6% in a single day. The dollar weakened and Treasury yields fell, giving gold prices some relief.
Tomorrow night at 9:30 p.m., the nonfarm payrolls report is due. The consensus is for around 60,000 new jobs and an unemployment rate of 4.2%. ADP reported 86,000 jobs first, a little stronger than expected.
#黄金 #Market Analysis
The past two days have been no joke. Yesterday, it climbed back above 4,000 and gained over 3%; today, it pushed higher again, rising around 1.6% in a single day. The dollar weakened and Treasury yields fell, giving gold prices some relief.
Tomorrow night at 9:30 p.m., the nonfarm payrolls report is due. The consensus is for around 60,000 new jobs and an unemployment rate of 4.2%. ADP reported 86,000 jobs first, a little stronger than expected.
#黄金 #Market Analysis