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Gold rallies over 2% as weak US jobs data cools rate hike fears, boosting safe-haven demand.

Market News
02 Jul 2026
Kitco
View Source
Bullish
pluang ai news

Gold prices rose more than 2%, breaking a losing streak, after US June jobs data showed only 57,000 new jobs, well below expectations. The weaker labor market reduces the likelihood of further Federal Reserve rate hikes this year, supporting gold as a safe-haven asset. Analysts see potential for gold to rebound if inflation pressures ease and geopolitical tensions calm, though some caution that the US dollar's strength could still weigh on prices. Key upcoming economic data and oil price movements will influence gold's near-term direction.

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Law firm investigates fiduciary breaches at First Solar, Hub Group, Navan, and ZoomInfo for misleading shareholders.

Law firm investigates fiduciary breaches at First Solar, Hub Group, Navan, and ZoomInfo for misleading shareholders.

Grabar Law Office is investigating claims against officers and directors of First Solar, Hub Group, Navan, and ZoomInfo for alleged breaches of fiduciary duties and securities fraud. The investigations focus on misleading statements and omissions rel...

Market News
Bearish
24 minutes ago
SupplySide Global 2026 expands to three expo days with new features and education format

SupplySide Global 2026 expands to three expo days with new features and education format

SupplySide Global 2026, a leading event for supplement, food, and beverage innovation, will be held October 28-30 in Las Vegas with education sessions from October 26-30. The event expands to three expo days, offering attendees more time to connect w...

Others
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4 hours ago
CMOs focus on building AI models and trust as key assets for success

CMOs focus on building AI models and trust as key assets for success

Denise Persson, CMO of Snowflake, highlights that chief marketing officers (CMOs) from major companies are prioritizing the development of new AI operating models across their organizations. She emphasizes that for CMOs to succeed, understanding comp...

Others
Neutral
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iShares Dow Jones US ETF gains from tech giants but faces risks from inflation and geopolitics

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The iShares Dow Jones US ETF (IYY) provides broad exposure to the U.S. equity market but is heavily weighted towards large-cap tech companies like Microsoft, Amazon, Alphabet, and Meta, which make up over 16% of the fund. Its recent outperformance co...

Market News
Neutral
4 hours ago
Pizza Hut UK reopens Marble Arch restaurant with a customer memory contest and £1,973 prize.

Pizza Hut UK reopens Marble Arch restaurant with a customer memory contest and £1,973 prize.

Pizza Hut UK has reopened its iconic Marble Arch restaurant after a full refurbishment, celebrating its heritage since 1973. To mark the occasion, the brand launched a social media contest inviting customers to share photos of their Pizza Hut memorie...

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