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Gold Up $50, Silver Trades $62.50 as Jobs Crater

Market Rundown |

Housekeeping: Good Morning


Featured Analysis:

Weak Jobs Lift Gold, Silver as Momentum Melts Down

·
Jul 3
Weak Jobs Lift Gold, Silver as Momentum Melts Down

Markets began the second half of 2026 with a sharp rotation after weak June payrolls reduced expectations for additional Fed tightening. Treasury yields fell, the dollar posted its biggest decline in two months, and gold climbed back above $4,100. Beneath relatively stable headline indexes, AI, semiconductor, and momentum stocks suffered heavy losses, while bonds, bitcoin, and bullion attracted safe-haven demand. The report reinforced how sensitive markets remain to labor data and Fed policy expectations.


In Other News:


Data on Deck: Nonfarm

MONDAY, JUNE 29

  • 12:35p FOMC Member Barkin Speaks

TUESDAY, JUNE 30

  • No major US releases

WEDNESDAY, JULY 1

  • 9:45a Chicago PMI (prev 62.7 → est 55.7)

  • 10a CB Consumer Confidence (prev 90.6 → est 94.4)

  • 10a JOLTS Job Openings (prev 7.585M → est 7.280M)

THURSDAY, JULY 2

FRIDAY, JULY 3

  • Bank Holiday


GoldFix Members: Exclusive Bullion Pricing Now Available

·
Mar 15
GoldFix Members: Exclusive Bullion Pricing Now Available

GoldFix has partnered with Battalion Metals to give our community direct access to institutional-grade physical bullion at exclusive member pricing. Through this partnership, GoldFix members can purchase gold and silver products at pricing typically about 100 basis points below prevailing dealer rates,

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