Analysis: Gold prices boosted by non-farm payroll data and recent remarks from Waller

According to Odaily, lower-than-expected U.S. non-farm payroll data boosted gold prices, which rose 2% after a slight decline ahead of the report's release. Data from the U.S. Bureau of Labor Statistics showed only 57,000 non-farm jobs were added in June, below analysts' forecast of 115,000. This surprising data pushed stock and commodity prices higher, as the report eased market concerns about future interest rate hikes. Federal Reserve Chairman Waller's comments also downplayed market concerns about interest rates. The most actively traded silver also rose by 4%. (Jinshi)