Chart Of The Day: Economic Recovery Dims Gold Price Outlook – Investing.com India

  • Date: 14-Aug-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Chart Of The Day: Economic Recovery Dims Gold Price Outlook – Investing.com India

Friday’s blew past expectations. The release showed that in July the US added more jobs during the previous month than it had in almost a year.

Though the NFP print provided another positive signal for the US's economc growth, it added additional pressure to the already-struggling price of .

As well, the declined more rapidly than anticipated, dropping to 5.4%, though 5.7% had been forecast.