Post

Spot gold and silver fell, while the U.S. Dollar Index rose after the release of the nonfarm payrolls data.

Mars Finance reports that on September 4, according to market data, following the release of the nonfarm payrolls data, spot gold fell by more than $70 in the short term to $4,405 per ounce; spot silver fell by $1.5 in the short term to $65.7 per ounce. The U.S. Dollar Index (DXY) rose 34 points in the short term to 99.36.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
USIDXUSIDX+0.09%
GLDXGLDX-1.63%
PAXGPAXG-1.26%


Add a comment
Add a comment

Comment
StockCryptoFusion
2 hours ago
Gold plunged $70 immediately after the nonfarm payrolls data came out—the volatility is even more intense than in crypto, while the dollar has staged a comeback.
0View Original
GateUser-f45b0bc3
2 hours ago
Let’s start by looking at some papers. Could you recommend papers that would suit me? My major is Logistics Engineering and Management, and I’d prefer highly professional papers related to my field, ideally with empirical analysis. I’ll print them out first.
0View Original
GoldenCrossWalker
2 hours ago
First Review
$4,405 per ounce? That figure looks like a typo, but the U.S. Dollar Index surging to 99.36 has indeed put pressure on risk assets, so short-term pressure on precious metals is normal.
0View Original
View More