Gold Nears $4,200, Silver Surges 2.28% on Friday as Weak U.S. Jobs Data Weighs on Dollar

According to Kitco, spot gold and silver surged on Friday (July 3) following weaker-than-expected U.S. employment data, with gold trading near $4,175.50, up 1.30%, and silver near $62.22, up 2.28%. Nonfarm payrolls rose 57,000 in June while unemployment slipped to 4.2%, reducing near-term Fed-hike urgency, pushing the dollar lower, and leaving the 10-year Treasury yield near 4.5%.
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