Gold opens below $3,400 ahead of May jobs report
From Yahoo Finance: 2025-06-06 10:01:00
Gold futures opened at $3,377.40 per ounce, up 0.8% from Thursday’s close. The May jobs report showed slower hiring with nonfarm payrolls increasing by 139,000. Unemployment remained steady at 4.2%. Investors are closely monitoring job data amid President Trump’s tariff policies. Gold prices have been on the rise, reaching a 2% gain for the week. Costco offers gold bars, silver coins, and platinum bars. Analysts predict gold could reach $3,700 a troy ounce by year-end 2025. Gold, silver, and platinum prices are up at least 22% in 2025.
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