US Edition
Top 10 at 11: ASX Dips at Open, but Soft US Jobs Data Lifts Goldies
4 Articles
4 Articles
Gold fell 0.3% to $3,351.80 an ounce, despite Friday's gains, as U.S. futures rose. Gold fell 0.3% to $3,351.80.
XAU/USD loses ground to near $3,350, weaker US jobs data might cap downside
Gold price drifts lower to near $3,360 in Monday’s early Asian session. The recovery in the USD weighs on the precious metal. Weaker US NFP and tariff fears could boost safe-haven assets like the Gold price. The Gold price (XAU/USD) edges lower to around $3,360, snapping the two-day winning streak during the early Asian session on Monday. Nonetheless, weak US job data and tariff fears might weigh on the US Dollar (USD) and help limit the USD-d…
This article was first published on Cedarnews.net. For more exclusive news and reports, visit our website. Gold prices fell 0.3% on Monday, August 4, 2025, to $3,351.80 per ounce, affected by profit-taking after a significant rise on Friday, which exceeded 2%. This decline came despite weaker-than-expected US jobs data, which reinforced expectations that the Federal Reserve may move towards a rate cut at its next meeting in… This article was pub…
Top 10 at 11: ASX dips at open, but soft US jobs data lifts goldies
Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. The ASX stumbled out of bed Monday, down 0.25%, after Wall Street tripped over a dud jobs report on Friday. The US reported its…
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