Gold prices fell after strong US NFP report beats forecast

From Investing.com: 2025-06-09 04:27:00

Gold prices fell by 0.57% following a strong US NFP report showing 139,000 new jobs added in May, surpassing the forecast of 125,000. The remained steady at 4.2%, indicating a tight labour market despite economic challenges.

The Japanese yen weakened towards 144,000 as markets awaited the US nonfarm payroll report and hoped for progress in US–China trade talks. Japan’s economic outlook faced challenges with household spending declining in April, impacting consumer demand.

The euro fell by 0.23% against the USD after the NFP report showed better-than-expected job growth in May. Despite concerns over US–China trade talks and geopolitical tensions, the euro is on track for a modest weekly gain. EUR/USD edged higher amid low volatility and a light macroeconomic calendar.



Read more at Investing.com: Gold Price Retreats After US Payrolls Beat Forecasts in May