Gold Price Rises as Dollar and Yields Slip on US Jobs Data – News18

[ad_1] Last Updated: July 08, 2023, 01:38 IST New York, United States of America (USA) Gold remains stubbornly bid – trading higher even before the number. Today’s report has given bulls some relief, at least short term, said Tai Wong, a New York-based independent metals trader. Gold prices rise as weaker US nonfarm payrolls cast … Read more

US Economy Adds 236,000 Jobs Despite Fed’s Rate Hikes

[ad_1] America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation. The unemployment rate fell to 3.5 percent, just above the 53-year low of 3.4 percent set … Read more