Gold Falls 1.6% as Iran Ceasefire Collapse Erases Jobs Report Rally
Gold fell 1.6% to about $4,110 an ounce and silver dropped 4.3% to $59.70 during the week as Iran halted its ceasefire on July 8. The decline erased gains from a Monday rally triggered by weak June jobs data showing just 57,000 nonfarm payrolls added, well below the 110,000 economists expected.
GateMacroTradfiHub·07-12 21:13
