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Gold prices rise 1.4%, set for first weekly gain since May amid softer US jobs data.

Market News
03 Jul 2026
CNBC
View Source
Bullish
pluang ai news

Spot gold prices increased by 1.4% on Friday, marking the first weekly gain in five weeks as investors reduced expectations for a Federal Reserve rate hike in September. The rise follows weaker-than-expected US nonfarm payrolls data, which lowered the probability of a rate increase from 65% to 53.5%. Precious metals including silver and platinum also gained. Analysts remain cautiously optimistic about gold's recovery but note that sustained gains depend on easing real yields, stable investor demand, and less hawkish Fed rhetoric.

More News

Crédit Agricole reports voting rights data as of June 30, 2026, confirming exercisable votes.

Crédit Agricole reports voting rights data as of June 30, 2026, confirming exercisable votes.

Crédit Agricole S.A. disclosed its voting rights status as of June 30, 2026, reporting a total of 3,025,902,350 shares and an almost equal number of theoretical voting rights. The exercisable voting rights, accounting for shares held in treasury and ...

Company Fundamentals
Neutral
57 minutes ago
Sweden's flu diagnostics and treatment market to grow 4.1% CAGR, driven by rapid molecular tests and antiviral therapies.

Sweden's flu diagnostics and treatment market to grow 4.1% CAGR, driven by rapid molecular tests and antiviral therapies.

The Sweden flu diagnostic and treatment market is projected to grow from USD 172.1 million in 2026 to USD 210.3 million by 2031, at a 4.1% CAGR. Growth is driven by high influenza burden among seniors, increased demand for rapid molecular diagnostics...

Market News
Bullish
58 minutes ago
NIU Technologies reports 25% sales growth in China for Q2 2026, driven by new smart electric models.

NIU Technologies reports 25% sales growth in China for Q2 2026, driven by new smart electric models.

In Q2 2026, NIU Technologies sold 434,687 electric mobility units, marking a 25% year-over-year increase in China with 402,202 units sold. Growth was fueled by strong demand for core and new smart electric models, including the NX 2026 long-range mot...

Market News
Bullish
1 hour ago
No stabilisation was undertaken for Assicurazioni Generali's EUR 750M bond offer by HSBC Continental Europe.

No stabilisation was undertaken for Assicurazioni Generali's EUR 750M bond offer by HSBC Continental Europe.

HSBC Continental Europe announced that no stabilisation activities were performed in relation to the EUR 750 million bond offering by Assicurazioni Generali S.p.A., which carries a 4.406% coupon due June 2037. This means the stabilisation manager did...

Company Fundamentals
Neutral
1 hour ago
RENK agrees to acquire UK-based David Brown Defence, boosting naval defense portfolio and future orders.

RENK agrees to acquire UK-based David Brown Defence, boosting naval defense portfolio and future orders.

RENK Group AG, through its subsidiary RENK GmbH, has signed a binding agreement to acquire David Brown Defence, a UK company specializing in high-precision gearboxes for naval and land defense. This acquisition will strengthen RENK's naval sector por...

Company Fundamentals
Bullish
3 hours ago
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