U.S. unemployment rate unexpectedly fell to a one-year low in June, causing the dollar index to dip and spot gold to surge.
2026-07-02 12:32
According to Gate data, the U.S. unemployment rate for June fell to 4.2%, the lowest level since June 2025 and below the market expectation of 4.3%. The U.S. Dollar Index (DXY) briefly dropped 30 points to 100.85. Spot gold surged, touching $4,120 per ounce, up 2.20% on the day. The yield on the 10-year U.S. Treasury note recently fell 1.76 basis points to 4.457%.
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