From Yahoo Finance: 2025-06-06 15:58:00

Gold prices remained strong throughout the week, trading above $3300/oz and peaking near $3400 before settling around $3320 on Friday. Weak U.S. manufacturing and labor data initially boosted gold, but a better-than-expected May Jobs Report reversed some gains, leading to a rise in the dollar and Treasury yields. Gold stayed rangebound as traders awaited key inflation data next week. The week saw less volatility in gold markets compared to previous months, possibly due to calmer Trump Tariff headlines. Despite shaky U.S. labor market data, gold prices ended the week around $3320/oz. Next week, focus will be on US consumer price inflation data.



Read more at Yahoo Finance: Gold Gains Early, Slips Late as Jobs Report Boosts Dollar