WS #13621
July jobs report shows 23K job loss, downward revisions, lowering September Fed hike odds to 44% and boosting gold, silver, and stocks. PBOC buys 20 tonnes of gold in July (largest since 2023), supporting gold's rally above $4,350 as yields fall.
US Labor Market Contraction & Fed Rate Path
July jobs report shows 23K job loss, downward revisions, lowering September Fed hike odds to 44% and boosting gold, silver, and stocks.
PBOC buys 20 tonnes of gold in July (largest since 2023), supporting gold's rally above $4,350 as yields fall.