SYFX

Gold Prices at 3-Month High amid USD Weakness after Big NFP Miss

Published On: May 10, 2021

Summary

By sueyangfx.com May 10, 2021 at 05:21AM Gold prices surged to a 3-month high as the DXY US Dollar index fell to a 10-week low. April’s nonfarm payrolls report came far below market expectations, cooling fears about tapering Fed stimulus.

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By sueyangfx.com

May 10, 2021 at 05:21AM

Gold prices surged to a 3-month high as the DXY US Dollar index fell to a 10-week low. April’s nonfarm payrolls report came far below market expectations, cooling fears about tapering Fed stimulus.

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