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Gold extends decline after US Nonfarm Payrolls beats expectations

Started by forex4you, Jun 09, 2024, 01:47 pm

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Gold extends decline after US Nonfarm Payrolls beats expectations

Gold (XAU/USD) falls all the way back to the $2,310s on Friday after the release of US Nonfarm Payrolls (NFP) data shows the US economy added 272K jobs in May when 185K had been expected. The result was also higher than the April figure which was revised down to 165K.

Source: Gold extends decline after US Nonfarm Payrolls beats expectations
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