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Gold climbs as weak US NFP sends the US Dollar to a two-week low

Business 03 Jul 2026
Gold climbs as weak US NFP sends the US Dollar to a two-week low

Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week. The Greenback extended its losses following a weaker-than-expected US Nonfarm Payrolls (NFP) report.