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Gold prices rebound above $4,100 amid softer US jobs data and easing Fed rate hike fears.

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

Gold prices rose above $4,100 per ounce last week, recovering from a dip below $4,000 due to weaker US employment data and less aggressive Federal Reserve rate hike signals. The June nonfarm payrolls report showed only 57,000 jobs added, well below expectations, which pushed the dollar lower and helped gold rally. Analysts see this as a potential short-term bounce for gold, though some caution about volatility and mixed technical signals. Market focus now shifts to upcoming US economic data and Federal Reserve meeting minutes for further direction.

More News

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
2 hours ago
Pine Cliff Energy declares monthly dividend of $0.00125 per share for July 2026.

Pine Cliff Energy declares monthly dividend of $0.00125 per share for July 2026.

Pine Cliff Energy Ltd. announced a regular monthly dividend of $0.00125 per common share, payable on July 31, 2026, to shareholders recorded by July 15, 2026. The dividends will be designated as non-eligible for Canadian income tax purposes until fur...

Company Fundamentals
Neutral
4 hours ago
ON Semiconductor rated Buy with strong growth expected by 2027-2028 after $7B Synaptics deal.

ON Semiconductor rated Buy with strong growth expected by 2027-2028 after $7B Synaptics deal.

ON Semiconductor is rated Buy due to its strategic $7 billion acquisition of Synaptics and the expansion of its market opportunity to $243 billion by 2030 through advanced GaN and SiC technologies. Key growth drivers include a tenfold increase in AI ...

Analyst Insights
Bullish
4 hours ago
Vita Coco leads booming coconut water market with strong growth and profitability focus.

Vita Coco leads booming coconut water market with strong growth and profitability focus.

The Vita Coco Company dominates the growing coconut water market with double-digit revenue growth and a strong balance sheet. The company faces little serious competition and is expanding profitability faster than revenues, signaling a promising grow...

Market News
Bullish
4 hours ago
Class action lawsuit filed against Insulet over defective insulin delivery systems and stock drops.

Class action lawsuit filed against Insulet over defective insulin delivery systems and stock drops.

A class action lawsuit has been filed against Insulet Corporation and certain officers for allegedly making false statements about the safety and manufacturing controls of its insulin delivery products during 2025-2026. The lawsuit claims Insulet fai...

Market News
Bearish
4 hours ago
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