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U.S. July Nonfarm Payrolls Unexpectedly Decline, Spot Gold Briefly Rises About $40

2026-08-07 12:31

Odaily News, according to Gate data, after the release of the nonfarm payrolls data, spot gold briefly rose about $40, reporting at $4,351.43 per ounce. The U.S. seasonally adjusted nonfarm payroll employment decreased by 23,000 people in July, marking the first decline since February, while the market had expected an increase of 80,000 people.